MNI Chicago Business Barometer (April)
The gauge of manufacturing and other business in the Chicago region fell to the lowest level since January 2017 amid a significant pullback in production and weakness in employment, signaling the global economic slowdown may be weighing on corporate demand. Regional Fed factory indexes have also shown softness, with the Dallas bank’s gauge at a three-month low and declines across indexes from the Richmond, Kansas City and Philadelphia districts.
S&P CoreLogic Case-Shiller Home Prices (Feb.)
The index of property values in 20 cities increased 3 percent from a year earlier, matching projections, after 3.5 percent in the prior month, data showed Tuesday. Nationally, home prices decelerated to a 4 percent increase, also the smallest gain since 2012. Even so, price gains may pick up in the coming months amid signs of strength in demand.
This story provided by Bloomberg News.