A report released by MNI Indicators showed its reading on Chicago-area business activity decreased by more than expected in March but still indicated growth.
MNI Indicators said its Chicago business barometer slumped to 52.8 in March after climbing to 57.7 in February. Economists had expected the index to drop to 54.0.
While the Chicago business barometer fell by more than expected, the reading above 50 indicates the third straight month of growth.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.