Industry Headlines

Chicago PMI Index Moves Lower

WASHINGTON -- Manufacturing activity in the Chicago region in March retreated from high levels reached in February, according to media reports of the purchasing managers index for the Chicago region recently released. The Chicago purchasing managers index fell to 58.8% from 62.6% in February. Economists had been anticipating a retreat but this was a bigger decline than expected. Forecasters surveyed by MarketWatch had expected the index to fall to 59.9%. Still, the report signals solid growth. Readings over 50% indicate overall business expansion. The Chicago index had surged over the winter as the U.S. manufacturing rebound gathered strength. The Chicago PMI is also considered a leading indicator to the national Institute for Supply Management manufacturers' survey for March to be released. Economists expect the March ISM manufacturing composite to increase to 57.0 from a February reading of 56.5.

Did you enjoy this article? Click here to subscribe to Quality Magazine. 

You must login or register in order to post a comment.

Multimedia

Videos

Podcasts

Karen Spencer, Clinkenbeard's quality manager, discusses what makes the plant stand out, advice for other plants, and looks to the future.
More Podcasts

Quality Magazine

CoverImage

2015 May

The May 2015 edition of Quality Magazine includes articles on cloud technologies, depth gages, ISO 9001, digital inspection and cool new products.

Table Of Contents Subscribe

Topics to Talk About

What topics would you like to see Quality cover more?
View Results Poll Archive

Clear Seas Research

qcast_ClearSeas_logo.gifWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

Facebook2015_40 twitter_40px.png  youtube_40px.pnglinkedin_40px.png  

eNewsletters