Growth in Chicago-area business activity decelerated for the third straight month in October, according to a report released by MNI Indicators on Wednesday.
MNI Indicators said its Chicago business barometer fell to 58.4 in October from 60.4 in September, although a reading above 50 still indicates growth. Economists had expected the index to edge down to 60.0.
The bigger than expected drop by the business barometer came as a decline in order book growth and unfinished orders more than offset a rise in output, delivery times and employment.
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Forex News
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.