14:45 Dados States
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By Rex Nutting
Last Update: 9:52 AM ET Mar 30, 2007
WASHINGTON (MarketWatch) -- Business conditions improved markedly in March in the Chicago region. The Chicago purchasing managers index rose to 61.7% from 47.9% in February, according to media reports.
It's the largest month-to-month gain in the 39-year history of the index. It's the highest reading since April 2005.
Economists were expecting an increase to about 50%. Readings over 50% indicate a majority of firms in the region reported improving conditions.
The new orders index jumped to 72.2% from 48.7%.
Last Update: 9:52 AM ET Mar 30, 2007
WASHINGTON (MarketWatch) -- Business conditions improved markedly in March in the Chicago region. The Chicago purchasing managers index rose to 61.7% from 47.9% in February, according to media reports.
It's the largest month-to-month gain in the 39-year history of the index. It's the highest reading since April 2005.
Economists were expecting an increase to about 50%. Readings over 50% indicate a majority of firms in the region reported improving conditions.
The new orders index jumped to 72.2% from 48.7%.
- Mensagens: 1620
- Registado: 17/11/2005 1:02
14:45 Dados States
March Chicago purchasing managers 61.7% vs. 50.0% expected
- Mensagens: 1620
- Registado: 17/11/2005 1:02
2 mensagens
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