Economy
November 30, 2017
Chicago Business Barometer Retreats in November
Written by Sandy Williams
The Chicago Business Barometer retreated 2.3 points in November to 63.9, its lowest level in three months. Any number above 50, however, is an indicator of growth. The decrease followed October’s six-and-a-half year high, and economists expect the Barometer to finish the year continuing its 21 straight months of expansion.
Output was robust in November, reported MNI Indicators. New orders remained healthy, although retreating slightly from October.
