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Chicago PMI Unexpectedly Rose To 56.1 In November

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Activity in the Chicago-area manufacturing sector continued to expand in November, according to a report released by the Institute for Supply Management - Chicago on Monday, with the report showing an unexpected acceleration in the pace of growth.

The ISM said its index of activity in the manufacturing sector rose to 56.1 in November from 54.2 in October, with a reading above 50 indicating growth in the sector. The increase by the index surprised economists, who had expected the index to slip to 53.3.

Activity in the Chicago-area manufacturing sector continued to expand in November, according to a report released by the Institute for Supply Management - Chicago on Monday, with the report showing an unexpected acceleration in the pace of growth. (Market News Provided by RTTNews)

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