Chicago PMI Weakens Further in March: What Does It Mean for the Economy?
Thursday, 28 March 2024, 13:50
Chicago PMI Weakens in March
The Chicago Business Barometer, also known as the Chicago PMI, experienced a decline in March, with the index dropping to 41.4 from 44 in the previous month.
What Does It Mean?
Economists' forecast of a 45 reading was missed, indicating a continuing trend of weakening business activity in the region.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.