A report released by MNI Indicators on Wednesday showed Chicago-area business activity contracted at a slower rate in the month of November.MNI Indicators said its Chicago business barometer climbed to 46.3 in November from 43.2 in October, although a reading below 50 still indicates a contraction. Economists had expected the barometer to rise to 46.0.With the increase, the Chicago business barome...
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.