(Finance) – Marginally worsensmanufacturing business in the Chicago area. In the month of October 2023, the Chicago PMI index stood at 44 points against 44.1 points in the previous month. The figure is lower than analysts’ expectations, which were for growth of up to 45 points.
Please remember that an index level above 50 points denotes an expansion while a level below 50 points indicates a contraction in the US manufacturing sector.