Chicago Area Manufacturing Accelerates
Chicago, IL, Feb. 28, 2013 -- The Chicago PMI, a measure of Chicago-area manufacturing, grew in February to the highest level since March, according to the Institute for Supply Management.
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The index rose to 56.8 from 55.6 in January, ahead economists' expectations of 54.0. New orders rose to a reading of 60.2 from 58.2 in January. Readings over 50 indicate expansion.