ISM-Chicago Business Survey, 2009 August

8/31/2009

Chicago Business Barometer™ Breakthrough

The Chicago Purchasing Managers reported the Chicago Business Barometer brokethrough ten consecutive months of decline to reach neutral territory, establishing the first evidence of the possible end of the 2007-2009 Great Financial Recession.

Business Activity: 

• Prices Paid deflation risk ebbed;
• New Orders and Production 1st time in a year both indexes were above 50;
• Employment and Inventories indexes continued to retreat 

Buying Policy:

• Only lead-times for M.R.O. Supplies remained at historically average levels.