US: Chicago business barometer up 6.3 points in June

Key highlights from the Chicago Purchasing Managers Index released by ISM-Chicago:

• The MNI Chicago Business Barometer increased to 65.7 in June from 59.4 in May, the highest level in over three years
• Q2 2017 Chicago Business Barometer 61.1 vs 55.1
• Q1 2017 New orders highest since May 2014
• Order backlogs highest since July 1994