Chicago PMI Hits Four-Month At 48.9, Still Contracting

The Chicago Business BarometerTM, produced with MNI, rose 2.6 points in December, hitting a four-month high of 48.9. 

Business sentiment dropped by 1.2 points to 46.2 in Q4, marking the lowest quarterly reading since Q2 2009. The index was below the 50-mark for the second successive quarter.

Among the main five categories, Supplier Deliveries and Production led the increase, rising to 55.4 and 47.2 respectively.  — Institute For Supply Management

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