Economics
Chicago Business Activity Caps Best Three Months Since 2011
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Business activity in the U.S. expanded December, capping the strongest three months in more than two years and adding to signs manufacturing gains will be sustained into 2014.
While the MNI Chicago Report business barometer declined to 59.1 from 63 in November, numbers greater than 50 signal expansion. The index averaged 62.7 over the past three months, the highest since the period ended May 2011.