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.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.