A measure of manufacturing activity in the Chicago area fell in February, but remains above the "50" mark that signals business expansion. The Chicago Purchasing Managers Index read at 54.9 vs. 56 in January. New orders improved to 59 vs. 58 and employment registered at 46.6 compared to 45.6 a month earlier. The prices paid component was 62.4 vs. 63.1 and production improved modestly to 54.9 from 54.2.
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