The Chicago Purchasing Managers’ Business Barometer slid to 58.4 in October from 60.4 in September, the National Association of Purchasing Management-Chicago said Monday.

The data is compiled on a seasonally adjusted basis. An index reading below 50 signals a slowing economy, while a level above 50 suggests expansion.

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.