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Chicago Business Barometer Pulls Back Sharply But Still Indicates Growth

Economic DataConsumer Demand & Retail

MNI Indicators reported that its Chicago business barometer gave back ground in June after a spike in the prior month’s reading for Chicago-area business activity. The update signals a modest cooling versus the earlier improvement, but it is unlikely to materially move markets on its own without accompanying magnitude.

Analysis

MNI Indicators reported that its Chicago business barometer gave back ground in June after a spike in the prior month’s reading for Chicago-area business activity. The update signals a modest cooling versus the earlier improvement, but it is unlikely to materially move markets on its own without accompanying magnitude.

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