(Finance) – Manufacturing activity worsens in the Chicago area. In the month of March, theChicago PMI index it stood at 41.4 points against 44 points in the previous month. The figure is even worse than analysts’ estimates, which were for an increase of up to 45.9 points.
Please remember that an index level above 50 points denotes an expansion while a level below 50 points indicates a contraction of the manufacturing sector American.