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Contact: Jack L Bishop Jr PhDKingsbury International, Ltd.
245 Ridge Road Highland Park, IL 60035
Phone 847 831 -4770 Fax 847 831 -2846
email: [email protected]://www.kingbiz.com
Press ReleaseEmbargoed until 30 April 2009 8:45 amCT
The ISM-Chicago Business Survey and the CHICAGO Report arecopyrighted by Kingsbury International, Ltd. and the Insti-tute for Supply Management Chicago, Inc.Any publication or rebroadcast of the contents of the CHICAGO Re-
port prior to public release of the CHICAGO Report at 8:45 oclockam Central Time 30 April 2009 is strictly forbidden and will betreated as an intentional copyright infringement.
Survey conducted by theBusiness Survey Committee ISM - Chicagoand Kingsbury International Ltd
2009 Institute for Supply Management Chicago, Inc.and Kingsbury International Ltd.
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EMBARGOED FOR RELEASE:
30 April 2009 8:45 am CT
2009 April
the CHICAGO ReportInstitute for Supply Management Chicago
CHICAGO BUSINESS BAROMETER S URGED The Chicago Purchasing Managers reported the C HICAGO BUSINESS BAROMETER surged
to the best reading in seven months:BUSINESS ACTIVITY :PRICES PAID index decline accelerated for the 3 rd consecutive month;PRODUCTION and N EW ORDERS turned upwards;ORDER BACKLOG index regained traction;EMPLOYMENT situation stabilized a bit as layoffs moderated;
BUYING POLICY : lead-times were mixed. 2009 ISMChicago, Inc. and Kingsbury International, Ltd .
The CHICAGO BUSINESS BAROMETER is a trademark of ISM Chicago, Inc.
NOTICE: No warranty, express or implied, is attached to these figures or their use. While the figures are compiled with profes-
sional care, no representations about appropriateness, accuracy, or suitability for specific applications are made.
Notes : Recessions are indicated by gray bars. Readings in red (below) indicate values worse than the prior month Next Release:
29 May 2009 8:45 amCT
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For more information, contactphone: (847) 831 -4770 Kingsbury International, Ltd. fax: (847) 831-2846 e-mail: [email protected] http://www.kingbiz.com
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General Comments from Members of the Survey Panel Each month, the survey panelists have the oppor-tunity to add comment (s) to further clarify the ac-tivity of their organization. As appropriate, the re-port includes comments selected for their insight.No attempt is made to ensure that the nature of thecomments represents the survey panel as a whole.
1. Record setting Federal debt will harm economic recovery.
2. As the weather stabilizes, we see our business picking up.
3. We received several modest orders this month & are seeing continued strongquote activity.
4. We offer services. With the down economy we have seen requests for some of our services decline while others have stayed about the same. We have cut back onspending but are still investing billions of dollars in new infrastructure
5. "The pipeline is low, and it's starting to grow!"
6. Overview of our business: 50% reduction in shipments from Sept. 2008. Reductionin work force [by more than a third] last month. Inventory down by 30% ...
7. C&I lending activity continues to be slow. Small business lending is picking up aswe see new clients leaving less stable competitors.
8. Not firing on all cylinders and not in record territory, but not experiencing downsidein the percentages indicated to me in some horror stories.
9. Still very worried that Obama's enormous spending increases will harm the USeconomy.
10 . Tight commercial and residential markets holding back construction.
FROM THE SOURCEan occasional feature