Chicago-Area Manufacturing Accelerates in May
Chicago, IL, May 30, 2014 -- The Chicago PMI accelerated in May, according to the Chicago business barometer.
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The index, a measure of manufacturing activity, rose to 65.5 in May from 63.0 in April.
It is at the highest level since October.
Order-backlogs were at a three-year high. Any reading over 50 indicates expansion.