Chicago Business Barometer Surges Back Into Expansion Territory January
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MNI Indicators reported that the Chicago business barometer rose to 54.0 in January, indicating a return to expansion after a revised 42.7 in December. This increase was unexpected, as economists predicted a smaller rise to 44.0. Key components such as employment, new orders, and production indexes saw significant gains, while the prices paid index fell to its lowest since January 2025. This marks the first expansion since November 2023, driven by strong growth in employment and new orders.
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