The Chicago Purchasing Managers' Business Barometer rose to 50.0 in August from 43.4 in July, the National Association of Purchasing Management-Chicago said yesterday.

This was the index's first neutral reading after 10 straight months of sub-50 readings. New orders and production also were above 50 for the first time in a year.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.