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January Chicago Business Barometer Falls to 65.7
The MNI Chicago Business Barometer fell 2.1 points to 65.7 in January from a previously revised 67.8 in December. Despite losing some ground in January, the Barometer continued in the same vein of form it displayed in the second half of 2017, making for an encouraging start to the New Year. The Barometer was up 28.3% on last January and at 65.7, stands above the H2 2017 average of 63.7. Three of the five components that comprise the Barometer fell on the month, with only Employment and Supplier Deliveries notching up gains in January. Firms reported a moderately slower pace of both incoming orders and output in ... (full story)