Economy
November 1, 2015
Chicago Business Barometer Rebounds in September
Written by Sandy Williams
The Chicago Business Barometer gained 7.5 points to register 56.2 in October. The bounceback was due mainly from strong gains in production and new orders. All three indicators were at their highest reading since January of this year. On a three month moving average the Barometer was 53.1, up 15.4 percent from September.
Production leapt 20 points to 63.4 while new orders gained 10 points, jumping to 59.4. Inventories grew significantly as a result of increased production output.
