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.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.