Friday, March 30, 2007

UPDATE 1-US Midwest business in surprise March expansion

(Reuters) - CHICAGO, March 30 - Business activity in the U.S. Midwest expanded in March at a very strong pace, confounding expectations for a third month of contraction, on the back of a rush of new orders, a report showed on Friday.

The National Association of Purchasing Management-Chicago business barometer jumped to 61.7 from 47.9 in February, its highest reading since early 2005.


Read more at Reuters.com Economic News

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