Chicago Manufacturing Activity Contracts

[Stay on top of transportation news: .]

Manufacturing activity in the Chicago area contracted for the first time in three years, the Institute for Supply Management-Chicago said Friday.

ISM鈥檚 business index fell to a reading of 49.7, from 53 in August. Readings under 50 indicate contraction.

Economists had forecast the index would decline to 52.8, Bloomberg reported.

Chicago is a major center of U.S. manufacturing, which is one of trucking鈥檚 largest and most important customers.



Trending

Newsletter Signup

Subscribe to Transport Topics

 

Hot Topics