Research >> Economics
Chicago Purchasing Managers Index Gained
The Chicago Purchasing Managers reported the CHICAGO BUSINESS BAROMETER improved to its highest level since July 1988, indicating expansion for a sixteenth consecutive month.
BUSINESS ACTIVITY:
PRICES PAID indicated increased inflation, increasing to the highest level since July 2008;
EMPLOYMENT strengthened to a height not seen since May 1984;
NEW ORDERS increased to the highest point since December 1983;
PRODUCTION improved with NEW ORDERS to the strongest level since 2004;
BUYING POLICY:
Lead times reported for MRO SUPPLIES plummeted.
Posted: January 31, 2011 Monday 10:00 AM