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    Chicago PMI

    Chicago Business Barometer remains dismal through July

    Written by Brett Linton


    The Chicago Business Barometer contracted further in July, according to Market News International (MNI) and the Institute for Supply Management (ISM).

    The Barometer reading fell over two points from June to 45.3 in July. Any reading above 50 indicates improving business conditions, while a reading below 50 indicates contraction in business activity. At this time last year, the Barometer was also in contraction territory at 42.8.

    Brett Linton

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