Chicago purchasing managers' index rises to 52.3 in April

Market news

30 April 2015

Chicago purchasing managers' index rises to 52.3 in April

The Institute for Supply Management released its Chicago purchasing managers' index on Thursday. The index climbed to 52.3 in April from 46.3 in March.

A reading above the 50 mark indicates expansion.

4 of 5 components increased in April.

The production subindex was above 50, while order backlog index remained below 50 despite the significant increase.

Central Bank of Russia lowers its key interest rate to 12.5%

Initial jobless claims hit the lowest reading since April 2000

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