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Chicago Business Barometer - Advances To 47.1 In July
The Chicago Business BarometerTM produced with MNI advanced 6.7 points to 47.1 in July. This was the largest increase in thirteen months, bringing the index to the highest since March 2025. However, the index has still been below 50 for twenty consecutive months. • The increase was driven by a sharp rise in New Orders and Order Backlogs. Meanwhile, Production, Employment and Supplier Deliveries saw small decreases. • New Orders expanded 14.6 points, the ninth largest increase on record. The index is now at its highest since May 2022. • Order backlogs rose 12.9 points, more than unwinding the declines seen in ... (full story)