The Chicago Business BarometerTM, produced with MNI, rose 6.0 points to 50.4 in August, up from 44.4 in July. The index had been in contractionary territory for two months before this month’s gain. Only two of the Business Activity components saw a monthly decline, as Supplier Deliveries saw a sharp fall, dropping to 50.3 from July’s 55.6. The survey still suggests a softer overall tone in business activity despite the August pick-up in sentiment, as the three-month average fell again, dipping to 48.2. Production remains muted, despite a pickup of 6.7 points. Demand recovered slightly, highlighted by an increase in ... (full story)