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Chicago Business Barometer Indicates Substantial Downturn In December

Chicago-area business activity saw a substantial downturn in the month of December, according to a report released by MNI Indicators on Friday.

MNI Indicators said its Chicago business barometer tumbled to 46.9 in December from 55.8 in November, with a reading below 50 indicating contraction. Economists had expected the index to drop to 51.0.

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by RTTNews Staff Writer

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