Manufacturing activity in the Chicago declined in April, showing contraction for a seventh straight month, the Institute for Supply Chain Management-Chicago said Friday.
ISM-Chicago’s monthly index fell to a reading of 34.9, from 40.1 in March.
Figures lower than 50 signal contraction, while above that signal growth.
Economists had expected the index to rise to a reading of 42, 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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