The Chicago Purchasing Managers’ Business Barometer slid to a still contractionary 33.8 in November, its lowest level since April 1982, from 37.8 in October, the National Association of Purchasing Management-Chicago said Wednesday.

Economists polled by Thomson Reuters predicted a 36.5 reading for the indicator.

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.