Economy
October 31, 2013
Chicago Business Barometer Surges to Largest Monthly Gain in 10 Years
Written by Sandy Williams
The Chicago Business Barometer surged 10.2 points to 65.9 in October—it’s highest reading since March 2011 and its biggest monthly gain in 30 years. Double digit growth was seen in New Orders, Production and Order Backlogs.
The October government shutdown seemed to have little effect on Chicago area businesses. New orders shot up to their highest level in nine years. Production was at its highest level since February 2011.
