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Chicago Business Barometer Rises Less Than Expected In June

A report released by MNI Indicators on Tuesday showed a continued contraction in Chicago-area business activity in the month of June. MNI Indicators said its Chicago business barometer rose to 36.6 in June from 32.3 in May, but a reading below 50 still indicates a contraction in regional business activity. Economists had expected the index to jump to 45.0.
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