The Chicago Purchasing Managers' Index rose in June but remained under the 50 level, indicating a slight contraction in conditions. That's the fourth month below 50 this year.
MNI Indicators said the index rose to 3.2 points to 49.4 in June, rising off a 5.5-year low. June's advance was led by a 8.8-point gain in new orders.
This is the last of the regional manufacturing gauges before the release of the national Institute for Supply Management poll on Wednesday.
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