Chicago PMI Moves Higher in August

Washington, DC, Aug. 30, 2013 -- The Chicago business barometer, known as the Chicago PMI,increased to 53.0 from 52.3 in July.

Readings above 50.0 indicate expansion.

Production, employment and supplier deliveries all fell between July and August,  although all remained above 50. Production was down for the third consecutive month, while Employment slowed for a second month in August.

                                                                                                                                                               
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