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Chicago Business Barometer Unexpectedly Edges Lower In September

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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A report released by MNI Indicators on Tuesday expectedly showed a modest decrease by its reading on Chicago-area business activity in the month of September.

MNI Indicators said its Chicago business barometer edged down to 40.6 in September after falling to 41.5 in August, with a reading below 50 indicating contraction. Economists had expected the index to rise to 43.0.

With the continued decrease, the index has now almost fully unwound the 6.7 point jump seen in July and remains below 50 for the twenty-second consecutive month.

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