Chicago PMI Dipped in October

Published on October 31, 2024

The latest Chicago Purchasing Manager's Index (Chicago Business Barometer) fell to 41.6 in October from 46.6 in September. The latest reading is worse than the 46.9 forecast and keeps the index in contraction territory for an eleventh straight month.

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Unemployment Claims Down 12K, Better Than Expected

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In the week ending October 26th, initial jobless claims were at a seasonally adjusted level of 216,000. This represents a decrease of 12,000 from the previous week's figure and is better than forecasts for 229,000.

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