Investing.com - Manufacturing activity in the Chicago-area unexpectedly accelerated at the end of the quarter, industry data showed on Friday.
In a report, the Institute for Supply Management (ISM) said its Chicago purchasing managers’ index rose to a seasonally adjusted 64.1 this month, from 62.7 in May.
Analysts had expected the index to decrease to 60.0 in June.
On the index, a number above 50.0 indicates an expansion, while below indicates contraction.