Midwest Manufacturing Sector Jumps Out of Contraction in January
January 29, 2016 at 09:49 AM EST
The Institute for Supply Management’s gauge of factory activity in the Midwest region jumped to 55.6 in January from 42.9 the month prior. Wall Street expected a much shallower gain to 45.9. Readings above 50 point to expansion, while those below indicate contraction.