Chicago index shows expansion for 8th month

Posted May 28, 2010 at 9:46 a.m.

From Bloomberg | The Institute for Supply Management-Chicago Inc. said Friday that its business barometer fell to 59.7 this month from 63.8 in April, which was the highest level in five years. Figures greater than 50 signal expansion. The indication was that business activity in the U.S. expanded in May for an eighth
straight month, a sign that manufacturing has yet to be affected by the
turmoil in financial markets.

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