India, June 30 -- A report released by MNI Indicators on Monday showed a slight decrease by its reading on Chicago-area business activity in the month of June.
MNI Indicators said its Chicago business barometer edged down to 40.4 in June from 40.5 in May, with a reading below 50 indicating contraction. Economists had expected the Chicago business barometer to rise to 43.0.
The dip by the Chicago business barometer partly reflected a decrease by the production index, which fell by 2.7 points to its lowest level since January.
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The supplier deliveries index also slumped 6.8 points and the employment index slid by 3.9 points, while the new orders rebounded ...