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Chicago Manufacturing Activity Slips


8/31/2012 10:10:00 AM
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Manufacturing activity in the Chicago area slipped slightly in August, the Institute for Supply Management-Chicago said Friday.

ISM’s business index fell to a reading of 53, from 53.7 in July. Readings over 50 indicate expansion.

Economists had forecast the index would decline to 53.2, Bloomberg reported.

Chicago is a major center of U.S. manufacturing, which is one of trucking’s largest and most important customers.

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