Chicago Business Barometer - Climbed to 57.7 in February | Metals Mine

  • Chicago Business Barometer - Climbed to 57.7 in February

    From drive.google.com

    The Chicago Business BarometerTM, produced with MNI, climbed 3.7 points to 57.7 in February. Extending January’s strong increase, it saw a second consecutive month in expansionary territory after a run of twenty-five months below the key 50 mark. • The rise was driven by increases in Production, Employment, New Orders and Supplier Deliveries. A decline in Order Backlogs provided some offset. • Production strengthened 9.0 points to the highest level since November 2023, and marking two months above 50. • Employment grew 7.7 points to the highest level since October 2021. The index is in expansionary territory ... (full story)

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ffghost
Feb 27, 2026 1:35pm
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Highest PMI since 2022 and no one even comments on it.

"second consecutive month in expansionary territory after a run of twenty-five months below the key 50 mark"

So is it....
A) these PMIs don't matter at all
B) they are now considered "fake data"
C) there's a few more important things going on globally
or....
D) Things ARE actually getting better (which, ironically, means fewer rate cuts heading our way for "good" reasons)?

Likely a combo...or an E) answer hanging out there.....
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