Chicago PMI surges past expectations

Chicago PMI surged to a reading of 58.7 in May, up from 49.0 in April, according to data released Friday, marking the best reading in over a year, just a month after the worst reading in three-and-a-half years. Economists polled by MarketWatch had expected a 49.9 reading. The rebound was highlighted…

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Chicago PMI surges past expectations

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