USA News Today | Daily Us NewsPaper
Tuesday, July 22, 2025
  • Politics
  • Headlines
  • Local news
  • Business
  • Science
  • Lifestyle
  • Tech
USA News Today | Daily Us NewsPaper
No Result
View All Result
Home Business

Chicago Business Barometer Unexpectedly Drops To Lowest Level Since November 2022

April 30, 2024
in Business


MNI Indicators released a report on Tuesday showing Chicago-area business unexpectedly contracted at an accelerated rate in the month of April.

The report said the Chicago business barometer dropped to 37.9 in April from 41.4 in March, with a reading below 50 indicating contraction. Economists had expected the index to rise to 44.9.

With the unexpected decrease, the Chicago business barometer fell to its lowest level since November 2022.

MNI Indicators said the production index declined for the fifth conductive month and is now at similar levels to November 2022.

The new orders index also slid to its lowest reading since November 2022 amid an increase in respondents reporting fewer new orders.

The report said the employment index also tumbled by 8.5 points, more than reversing the rebound seen last month and hitting the second lowest level since the beginnings of the pandemic.

Meanwhile, MNI Indicators said the prices paid index jumped 6.7 points, reaching the highest level since
August 2023.

Copyright © 2024, RTTNews.com, Inc. All Rights Reserved.

Tags: Breaking NewsEconomic NewsForex Top StoryFront Page NewsGeneral NewsTop story

Related Posts

U.S. Consumer Sentiment Tumbles To Six-Month Low In May

by USA News Editor
May 13, 2024
0

A report released by the University of Michigan on Friday showed a substantial deterioration in U.S. consumer sentiment in the...

U.S. Service Sector Activity Contracts For First Time Since December 2022

by USA News Editor
May 3, 2024
0

After growing for fifteen consecutive months, U.S. service sector activity unexpectedly contracted in the month of April, according to a...

U.S. Job Growth Falls Short Of Estimates In April, Unemployment Rate Ticks Higher

by USA News Editor
May 3, 2024
0

After reporting stronger than expected job growth over the past several months, the Labor Department released a report on Friday...

U.S. Factory Orders Surge In Line With Estimates In March

by USA News Editor
May 2, 2024
0

New orders for U.S. manufactured goods surged in line with economist estimates in the month of March, according to a...

U.S. Labor Productivity Increases Modestly In Q1, Labor Costs Spike

by USA News Editor
May 2, 2024
0

A report released by the Labor Department on Thursday showed labor productivity in the U.S. increased by less than expected...

U.S. Trade Deficit Narrows Slightly To $69.4 Billion In March

by USA News Editor
May 2, 2024
0

The U.S. trade deficit edged slightly lower in the month of March, according to a report released by the Commerce...

Advertisement

Today Trend USA News

Study Finds Adverse Health Issues Linked To Ultra-processed Food

1 year ago

Morgan Wallen's 'One Thing At A Time' Reclaims Top Spot On Billboard 200

1 year ago

David Byrne To Release Cover Of Paramore's 'Hard Times' For Record Store Day

1 year ago

Researchers Call For Sexual Health Lessons Among Older Adults Due To Rise In STIs

1 year ago

Kelly Clarkson To Co-Host 2024 Summer Olympics Opening Ceremony

1 year ago
New WTO Rules To Simplify Trade In Services Enter Into Force

New WTO Rules To Simplify Trade In Services Enter Into Force

1 year ago

Popular News Today

  • Russia – NATO Full-scale War Cannot Be Ruled Out: Putin

    0 shares
    Share 0 Tweet 0
  • Israeli Forces Detain Palestine Red Crescent Paramedics

    0 shares
    Share 0 Tweet 0
  • U.S. Import Prices Rise 0.3% In February, In Line With Estimates

    0 shares
    Share 0 Tweet 0
  • About
  • Contact Form
  • Terms of Use
  • Privacy Policy
  • DMCA

© 2024 USANEWS.ONE

No Result
View All Result
  • Politics
  • Headlines
  • Local news
  • Business
  • Science
  • Lifestyle
  • Tech

© 2024 USANEWS.ONE

Get more stuff like this
in your inbox

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.

We respect your privacy and take protecting it seriously