Economy
March 30, 2019
Chicago Business Barometer Slips in March
Written by Sandy Williams
A pullback in production and orders caused the Chicago Business Barometer to fall six points in March to a reading of 64.7. The barometer averaged 60.0 in the first quarter of 2019, a 3.5 percent drop from Q4 2018 and a decline of 3.3 percent compared to Q1 2018.
“Although the barometer has comfortably remained above the 50-neutral level for more than two years now, survey evidence points to a slight slowdown since last year,” said Shaily Mittal, Senior Economist at MNI.
