- Chicago business activity expands sharply in September
Notícias do Mercado
30 setembro 2020
Chicago business activity expands sharply in September
MNI Indicators’
report revealed on Wednesday that business activity in Chicago grew sharply in September.
The MNI Chicago
Business Barometer, also known as Chicago purchasing manager's index (PMI) came
in at 62.4 in September, noticeably up from 51.2 in August. This was the
highest level since December 2018. Economists had forecast the index to
increase to 52.0.
A reading above
50 indicates improving conditions, while a reading below this level shows
worsening of the situation.
According to
the report, all five main indicators saw monthly gains in September, with
Production and New Orders leading the way.
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