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.

As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.