Chicago PMI Climbs To Highest Level In Nearly 4 Years

Advisor Perspectives Charts6.58K FollowersFollow5ShareSavePlay(2min)CommentsSummaryThe Chicago Purchasing Managers’ Index climbed to its highest level in nearly four years in February, rising 3.7 points to 57.7.This reading came in above the projected 52.0 and marks the second straight month regional business activity has expanded.Given its persistent weakness, the current level reinforces concerns about ongoing softness in the manufacturing sector. Maksim Labkouski/iStock via Getty Images By Jennifer Nash The Chicago Purchasing Managers’ Index (Chicago Business Barometer) climbed to its highest level in nearly four years in February, rising 3.7 points to 57.7. This reading came in above the projected 52.0 and marks the secondThis article was written byAdvisor Perspectives Charts6.58K FollowersFollowAdvisor Perspectives is a leading interactive publisher for Registered Investment Advisors. Our AP Charts & Analysis portion of our website analyzes economic and market trends.