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January 31, 2014 10:10 AM, EST
Manufacturing in Chicago Area Grows at Slower Pace in January
Meritor Inc.

Manufacturing activity in the Chicago area expanded at a slower pace in January, the Institute for Supply Management-Chicago said Jan. 31.

ISM’s business index declined to a reading of 59.6 from 60.8 in December. Readings more than 50 indicate expansion.

Economists had forecast a decline to 59, Bloomberg News reported.

Chicago is a major center of U.S. manufacturing, which is one of trucking’s largest and most important customers.