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Wednesday, April 30, 2014

Midwestern Manufacturing Activity Picks Up in April


The Institute for Supply Management-Chicago reports its PMI gauge rose in April, from the month prior, topping Wall Street expectations.


 Manufacturing


The Institute for Supply Management-Chicago reports its PMI gauge rose to 63 in April, from 55.9 the month prior, topping Wall Street expectations of 56.7. Readings above 50 point to expansion, while those below indicate contraction for the Midwest manufacturing sector.

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