Chicago Manufacturing Expands in November

Chicago, IL, Nov. 27, 2013 -- Manufacturing activity in the Chicago area expanded at a faster rate than expected in November, according to the Chicago purchasing managers index.

The index fell to a seasonally adjusted 63.0 in November from a reading of 65.9 in October, but economists were expecting a decline to 60.0.

A reading above 50.0 indicates expansion.

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