• Most Popular
  • Most Shared

U.S. Midwest business expands in Nov - Chicago PMI

Fri Nov 30, 2007 9:48am EST

CHICAGO, Nov 30 (Reuters) - Business activity in the U.S. Midwest returned to expansion in November and grew at a faster rate than expected, a report showed on Friday.

Bonds

The National Association of Purchasing Management-Chicago business barometer rose to 52.9 from 49.7 in October. Economists surveyed by Reuters had forecast the index at 50.3. A reading above 50 indicates expansion.

The employment component of the index rose to 54.4 from 49.5 in October. Prices paid rose to 76.2 from 74.7 and new orders were unchanged at 53.9. (Reporting by Ros Krasny; Editing by James Dalgleish)

Bonds


More from Reuters

Photo

No U.N. deal on carbon cuts, last day of talks

COPENHAGEN (Reuters) - Two years of U.N. climate talks reached their climax in Copenhagen on Friday without a deal on carbon emissions cuts, as world leaders attempted a last push to agree a new global climate pact. | Video

» More Top News
Pedestrians are reflected in a Citigroup window in Boston, Massachusetts. REUTERS/Brian Snyder

Citi's next challenge

Citigroup's plan to extract itself from the government's clutches didn't go as planned. For the bank to succeed, one of two things need to happen.  Full Article 

ECONOMY
Aerospace Industries Association President and CEO Marion Blakey makes remarks during the Reuters Aerospace and Defense Summit, December 16, 2009 in Washington.REUTERS/Mike Theiler

"We're not asking for a bailout"

If the U.S. is serious about creating jobs it should invest in aviation programs, says the chief of the Aerospace Industries Association. Just don't call it a bailout.  Full Article 

AEROSPACE & DEFENSE SUMMIT