A report released by MNI Indicators on Friday showed a continued contraction in Chicago-area business activity in the month of April, although the pace of contraction unexpectedly slowed. MNI Indictors said its Chicago business barometer climbed to 48.6 in April from 43.8 in March. While a reading below 50 still indicates a contraction, economists had expected the index to edge down to 43.5.Original Article
