A report released by MNI Indicators on Tuesday showed a significant rebound by its reading on Chicago-area business activity in the month of December.
MNI Indicators said its Chicago business barometer jumped to 43.5 in December after plunging to 36.3 in November. Economists had expected the index to rise to 39.5.
While the Chicago business barometer largely offset the steep drop seen in November, it remained below 50 for the twenty-fifth consecutive month, indicating a continued contraction.
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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.