Economy
March 30, 2015
Chicago Business Barometer Remains Below 50 in March
Written by Brett Linton
The Chicago Business Barometer rose slightly in March after hitting a five and a half year low in February. The MNI Indicators survey of purchasing and supply professionals rose 0.5 points to 46.3 in March. However, any level below 50.0 indicates business conditions are shrinking and not increasing so the 46.3 number is not a positive for the steel industry.
The following is a section from their press release issued early Tuesday morning. The full release can be read here.
