Chicago-Area Manufacturing Grows at Fastest Pace Since October
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Business activity in the Chicago area expanded in April at the fastest pace in six months, a sign manufacturing will keep supporting the world’s largest economy.
The Institute for Supply Management-Chicago Inc.’s business barometer rose to 63, exceeding all forecasts in a Bloomberg survey of economists and the highest since October, from 55.9 in March, according to a report today. A reading above than 50 signals expansion.