On Air Now

Listen

Listen Live Now » 98.5 FM Battle Creek, Michigan

Weather

Current Conditions(Battle Creek,MI 49017)

More Weather »
63° Feels Like: 63°
Wind: SSW 5 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Partly Cloudy 78°

Tonight

Thundershowers 66°

Tomorrow

Scattered Thunderstorms 81°

Alerts

Business economy grew in Midwest in February despite the weather

by

CHICAGO (WKZO) -- A key measure of business in the Midwest is higher than expected.

The Chicago Purchasing Managers Index measures business conditions in Michigan, Indiana, and Illinois.

Today's report shows a slight rise in the PMI for February.

Analysts had expected it to drop, partly because of the brutal winter weather the midwest has experienced since November. Instead it snapped a three month run of slower growth.

The Institute for Supply Management-Chicago business barometer survey's corporate purchasing managers on a monthly basis to gauge the health of the industrial sector.

Their numbers edged up to 59.8 from 59.6 in January. Economists' median forecast in a Reuters poll was 57.0.

Comments