What have you always wondered about the economy? Tell Us

Chicago PMI shows signs of slowing economy

Erika Beras Oct 1, 2019
HTML EMBED:
COPY
BRENDAN SMIALOWSKI/AFP/Getty Images

Chicago PMI shows signs of slowing economy

Erika Beras Oct 1, 2019
BRENDAN SMIALOWSKI/AFP/Getty Images
HTML EMBED:
COPY

One of the economy’s warning lights just switched on: The Institute of Supply Management’s Chicago Purchasing Managers Index — a measure of strength of the Midwest’s manufacturing economy that closely tracks the national number — slipped more than three points in August to 47.1 — that’s lower than the benchmark of 50. We look at what may be behind the decline.

Marketplace is on a mission.

We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.

Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?

Your donation is critical to the future of public service journalism. Support our work today – for as little as $5 – and help us keep making people smarter.