Economy
February 28, 2018
Chicago Business Barometer at Six-Month Low
Written by Sandy Williams
The MNI Chicago Business Barometer fell in February to its lowest level since August 2017. The barometer slipped 3.8 points from January’s reading to 61.9. Compared to a year ago, the index was up 8 percent and was above the 2017 average of 60.8
New orders were at a six-month low and production was at its lowest level since September. Order backlogs and supplier deliveries eased somewhat in February, said MNI.
