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Chicago Business Barometer Contracted
The Chicago Purchasing Managers reported April's Chicago Business Barometer fell 3.4 to 49.0, a 3-1/2 year low. Except for a minor gain in New Orders, all business Activity measures weakened in April with five of seven now in contraction. Business Activity: Supplier deliveries, prices paid and production: all lowest since 2009; Order backlogs: tenth month of contraction in the past 12 months; Employment: third month over month decline. Buying Policy: Capital Equipment longest since August 2012; MRO supplies shortest in five months.
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- Apr 30, 2013 10:48am Apr 30, 2013 10:48am
- bassd
- | Joined Jun 2008 | Status: Member | 12 Comments
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- Apr 30, 2013 10:49am Apr 30, 2013 10:49am
- Spreadbetter
- | Membership Revoked | Joined Feb 2012 | 3235 Comments
"The meek shall inherit the earth.." Yeah right, good luck with that shit..