The Chicago Business Barometer, produced with MNI, fell to 61.8 in November.
Inventories rose 8.5 points to 59.6, the highest since Fall 2018. Some firms reported stockpiling to get ahead of further supply chain disruptions and counteract logistical issues.
Order Backlogs dropped 13.8 points to 60.8, 6 points below the 12-month average, as firms reported a reduction in the size of incoming orders.
No comments:
Post a Comment