Business activity in the Chicago area unexpectedly continued to contract in the month of March, according to a report released by MNI Indicators on Tuesday.
MNI Indicators said its Chicago business barometer edged up to 46.3 in March from 45.8 in February, although a reading below 50 continues to indicate a contraction.
Economists had expected the business barometer to show a more significant rebound to a reading of 51.5, which would have indicated modest growth.
The material has been provided by InstaForex Company – www.instaforex.com