The business barometer of the Chicago PMI was a reading of 55.7 in September, the Institute for Supply Management reports. This is an increase from the reading of 53.0 in August and is the third consecutive monthly increase.

Readings above 50 indicate economic expansion, so this suggests the U.S. economy expanded at a faster pace in September than in August. This index has indicated economic expansion every month since April.

Chicago PMI

A look at how other leading U.S. business surveys currently stand:

Chicago PMI Increases To 55.7 in September

Via: floatingpath.com