Chicago business activity unexpectedly contracted at a slightly faster rate in the month of October, according to a report released by MNI Indicators on Tuesday.
MNI Indicators said its Chicago business barometer edged down to 44.0 in October from 44.1 in September, with a reading below 50 indicating a contraction. Economists had expected the index to inch up to 45.0.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.