While Chicago-area business activity saw continued growth in the month of August, a report released by the Institute for Supply Management - Chicago on Friday showed that the pace of growth slowed by more than economists had been anticipating.
The ISM Chicago said its business barometer fell to 53.0 in August from 53.7 in July, although a reading above 50 indicates continued growth. Economists had been expecting the business barometer to edge down to a reading of 53.5.
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