ISM-Chicago Business Barometer Fell to 62.2 in March From 64

The Institute for Supply Management-Chicago Inc. said today its business barometer fell to 62.2 in March from a 10-month high of 64 in February. Readings greater than 50 signal growth.

Economists forecast the gauge would fall to 63, according to the median of 58 estimates in a Bloomberg survey. Projections ranged from 59.7 to 67.

To contact the reporter on this story: Carlos Torres in Washington at ctorres@bloomberg.net

To contact the editor responsible for this story: Christopher Wellisz at cwellisz@bloomberg.net.

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