Manufacturing activity in the Chicago improved in June but continued to show contraction, the Institute for Supply Chain Management-Chicago said Tuesday.
ISM-Chicago’s monthly index improved to a reading of 39.9, from 34.9 in May, the group said.
Figures lower than 50 signal contraction, while above that signal growth.
The reading slightly exceeded economists’ forecasts of a 42 reading, 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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