Chicago-area manufacturing activity rose more than expected in May, with the index hitting its highest level since November 1973, according to the ISM Association’s Purchasing Managers Index released Friday.
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The index stood at 75.2 points in May (+3.1 points), well above the 67-point slowdown expected by analysts. «Demand has boosted business activity, but supply chain disruptions remain“, Is it indicated in the press release.
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