Chicago Purchasing Managers Index Tumbles To 38-Year Low
PYMNTS
MAY 29, 2020
The widely watched Chicago Purchasing Managers Index fell to 32.3 Order backlogs likewise tumbled 28 percent to their lowest level since March 2009 during the Great Recession. percent of purchasing managers surveyed told the two firms that they expect COVID-19 to impact their businesses for six to nine months. Another 22.9
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