A report released by MNI Indicators on Wednesday showed a much bigger than expected acceleration in the pace of growth in Chicago-area business activity in the month of March.
MNI Indicators said its Chicago business barometer soared to 66.3 in March from 59.5 in February, with a reading above 50 indicating growth in regional business activity. Economists had expected the index to inch up to 60.7.
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Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.