chicago business barometer

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Chicago Business Barometer Signaled Expansion 33 Consecutive Months

Chicago Business Barometer Signaled Expansion 33 Consecutive Months The MNI Chicago Business Barometer surged to an eleven month high in November, up 8 points from October. The months result, sitting above the neutral 50-mark, means the Barometer signaled expansion 33 consecutive months. Driving the November increase were soaring orders and higher output. After easing in [...]

2018-12-03T15:20:10+00:00A View|

Consumer Confidence Hit Highest Level Since 2000

Consumer Confidence Hit Highest Level Since 2000 Consumer Confidence hit highest level since 2000. Only in eleven individual months since 1967 have we seen confidence higher than it is today. Nine of those months were in the year 2000. The other two were in 1999. This is the thin air of high peaks... The euphoria [...]

2018-10-02T13:13:36+00:00A View|

Personal Income Rose in June

Personal Income Rose in June to 0.4% Personal income rose in June 0.4 percent and revisions to previously reported data show incomes rising a bit more rapidly, additionally, the saving rate was found to be double previous estimates and inflation came in a touch below forecasts. This data paints a much brighter economic picture. Wages rose [...]

2018-08-13T19:18:59+00:00A View|

Chicago Business Barometer Highest Level Since January

Chicago Business Barometer Highest Level Since January The Chicago Business Barometer at highest level since January, rose to 64.1 in June. New orders were up for the second straight month while prices paid reached their highest level since May 2011. Lead times and backlogs also increased in June. Texas Factory Activity Continued in June The [...]

2018-07-04T19:05:58+00:00A View|

Texas Manufacturing Production Index Reached 12-Year High

Texas Manufacturing Production Index Reached 12-Year High The Texas manufacturing production index reached a 12-year high, according to the Federal Reserve Bank of Dallas Texas Manufacturing Outlook Survey. It reports Texas manufacturing activity rose markedly in May. The production index, a key measure of state manufacturing conditions, increased 10 points to a 12-year high (35.2) [...]

2018-06-01T20:57:30+00:00A View|

Consumer Spending Bounce Back in March

Consumer Spending Bounced Back In March After declining in both January and February, consumer spending bounced back solidly in March, rising 0.4 percent. Personal income rose slightly less, climbing 0.3 percent, causing the saving ratio to slip back to 3.1 percent. Wells Fargo Excerpts from a Wall Street Journal editorial (Business Carries the Economy) in [...]

2018-05-04T15:53:16+00:00A View|

Chicago Business Barometer at Highest Level Since 2011

Chicago Business Barometer at Highest Level Since 2011 The Chicago Business Barometer at its highest level since 2011, rose to 67.6 in December. On a calendar quarter basis, the Barometer rose to 65.9 in Q4 from 61.0 in Q3, the best quarterly performance since Q1 2011 and only the second time in the last decade [...]

2018-01-05T22:31:52+00:00A View|

Chicago Business Barometer Hit Highest Level in Over Three Years

The MNI Chicago Business Barometer Hit Highest Level in Over Three Years Increasing to 65.7 in June from 59.4 in May, the MNI Chicago Business Barometer hit highest level in over three years. New Orders hit their highest level since May 2014 and the order Backlogs component hit its highest level since July, 1994. Manufactured [...]

2017-06-30T15:59:32+00:00A View|

Midwest Economy Index Increased in April

The Midwest Economy Index Increased to Highest Value Since June 2014 The Midwest Economy Index  increased in April to +0.70 from +0.61 in March, reaching its highest value since June 2014. What do the index numbers mean? A zero value for the MEI has been associated with the Midwest economy expanding at its historical trend [...]

2017-06-02T14:43:22+00:00A View|

Chicago Business Barometer Increased

MNI Chicago Business Barometer Increased to Highest Level Since January 2015 The MNI Chicago Business Barometer increased in April to its highest level since January 2015. Optimism among firms about business conditions rose for the third month in a row. The April Chicago report showcased another impressive month with firms reporting solid growth. Rising demand [...]

2017-04-28T18:30:13+00:00A View|