Chicago Business Barometer at 5-Month High 📈
The Chicago Business Barometer, a measure of economic activity in the Chicago region, rose to 45.5 in February 2025, indicating the 15th consecutive month of contraction, but an improvement from the prior month's reading of 39.5.
The increase in the Chicago PMI, even though it remains in contraction territory, suggests a potential improvement in the economic conditions in the Chicago region. This could have a positive impact on some of the portfolio holdings, particularly those with exposure to the US economy.