The Chicago Business Barometer, also known as the Chicago PMI, plummeted to 37.2 in November from 45.2 in the prior month. This is the lowest level since the pandemic hit in early 2020. Read more
Tag: Purchasing Managers Index
Eurozone economic activity contracted for fifth straight month in November, PMIs signal
November saw business activity fall across the eurozone for the fifth consecutive month, adding to fears of a recession, the latest flash purchasing managers indexes showed. The S&P Global eurozone Read more
China Caixin services PMI falls further in October
A private gauge of China’s services-sector activity slipped further into contraction in October, reflecting the impact of stringent restrictions to curb Covid-19 outbreaks sweeping the country. The Caixin services purchasing Read more
China Caixin manufacturing PMI points to third straight month of contraction
A private gauge of activity in China’s manufacturing sector remained in contractionary territory in October, as Covid-19 containment measures weighed on both output and demand. The China Caixin manufacturing purchasing Read more
Chicago PMI weakens further in October
The Chicago Business Barometer, also known as the Chicago PMI, dropped to 45.2 in October from 45.7 in the prior month, according to data released Monday. Economists polled by the Read more
Chicago PMI weakens further in October
The Chicago Business Barometer, also known as the Chicago PMI, dropped to 45.2 in October from 45.7 in the prior month, according to data released Monday. Economists polled by the Read more
China’s factory, construction, service activity slump in fresh sign of economic weakness
China’s official gauges measuring factory, construction and service activities all tumbled into contraction territory in October, signaling fresh signs of weakness in the world’s second-largest economy. The official manufacturing purchasing Read more
Flash PMI data show U.S. economic downturn ‘gathering significant momentum’ in October, says S&P Global
The numbers: The S&P Global U.S. manufacturing sector rose slightly to 50.7 in October from 50.6 in the prior month, based on a “flash” survey. The flash U.S. services sector Read more
Flash PMI data show U.S. economic downturn ‘gathering significant momentum’ in October, says S&P Global
The numbers: The S&P Global U.S. manufacturing sector rose slightly to 50.7 in October from 50.6 in the prior month, based on a “flash” survey. The flash U.S. services sector Read more
‘We don’t need as many employees’: Factories slow as rising interest rates rattle the economy
The numbers: A key barometer of American factories fell to a 28-month low of 50.9% in September as high inflation and rapidly rising U.S. interest rates rattled the economy. The Institute Read more