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The Chicago Purchasing Managers’ Index jumped to its highest level in over two years in January, rising 11.3 points to 54.0.

In December, the non-manufacturing business activity index was 50.2%, an increase of 0.7 percentage points from the previous month, returning to the expansionary range. By industry, the business ...

China’s official gauges of factory, services and construction activity unexpectedly slipped into contraction at the start of 2026, signaling a cooling in economic growth.