Economy
February 28, 2019
Chicago Business Barometer Rebounds in January
Written by Sandy Williams
The MNI Chicago Business Barometer gained 8 points in February, climbing to 64.7, its highest level since December 2017. The February spike in business activity followed a decline to 56.7 in January.
New orders rose 15.2 points and production gained 8.5 points. Order backlogs lengthened after declining in January. Supplier delivery times declined for a fourth consecutive month, reaching their lowest index level since June 2017.
