ISM-Chicago Business Survey, 2009 June

6/30/2009

CHICAGO BUSINESS BAROMETER™ REBOUNDED

The Chicago Purchasing Managers reported the CHICAGO BUSINESS BAROMETER rate of decline slowed while rebounding from May’s weakness.

BUSINESS ACTIVITY:

PRICES PAID index added 6 1/2 points while declining for the 9th month;
EMPLOYMENT continued to shrink;
NEW ORDERS and ORDER BACKLOG indexes improved, but still declined;

BUYING POLICY:

PRODUCTION MATERIEL lead-times declined to start-of-recession low.