• Most Popular
  • Most Shared

U.S. Midwest business activity less weak in June

SAN FRANCISCO
Tue Jun 30, 2009 9:57am EDT

SAN FRANCISCO (Reuters) - Business activity in the U.S. Midwest contracted again in June but at a slightly less severe rate than expected, a report showed on Tuesday.

France  |  Economy

The Institute for Supply Management-Chicago business barometer rose to 39.3 from 34.9 in May.

Economists had forecast the index at 39.0. A reading below 50 indicates contraction in the regional economy.

The employment component of the index rose to 28.9 from 25.0 in May. Prices paid rose to 36.3 from 29.8 and new orders increased to 41.6 from 37.3. Production rose to 39.3 from 38.1.

(Reporting by Ros Krasny; Editing by James Dalgleish)
France
Economy


More from Reuters

Photo

U.S. health bill nears crucial Senate test vote

WASHINGTON (Reuters) - With 60 votes in hand, Senate Democrats cruised on Sunday toward an expected victory on the first of three crucial test votes that will put a broad healthcare overhaul on the path to passage by Christmas. | Video

» More Top News
A woman shops at a Sam's Club store, a division of Wal-Mart Stores, in Bentonville, Arkansas June 4, 2009. REUTERS/Jessica Rinaldi

The food-stamp economy

On the last day of every month, shoppers at Walmart load their carts with food and household items and wait for the midnight hour. Is this the new normal in America?  Full Article 

U.S.
Two men shake hands in a file photo. REUTERS/File

Let's make a deal

The battered M&A sector will make a tepid recovery in the coming year and three hot sectors will lead the way, according to a Thomson Reuters analysis.  Full Article 

Global Deals Review