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Friday, August 29, 2014
Chicago PMI Jumps in August
A closely-watched gauge of economic activity rose sharply in August, driven by a surge in production and new orders.
The Chicago Business Barometer, commonly called the Chicago PMI, rose 11.7 points in August to 64.3, regaining all the ground lost in July, when the index dropped to 52.6 for its largest point decline since October 2008.
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