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Chicago Business Barometer Up 0.6 Point to 59.4 in January
The Chicago Business Barometer stabilised in January following two consecutive monthly declines, with continued firm growth in orders and output driving employment to a 14-month high. The Chicago Business Barometer edged up 0.6 point to 59.4 in January from a revised 58.8 in December, following the publication of new seasonal factors earlier in the month. Business activity was led by a modest advance in New Orders while Order Backlogs was the second largest contributor to the Barometer’s faster expansion. Production also increased between December and January following two consecutive falls. The survey has ... (full story)