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U.S. Upper Midwest factory activity slows in April
April 28, 2017 / 1:04 PM / 3 months ago

U.S. Upper Midwest factory activity slows in April

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(Reuters) - A measure of factory activity in the U.S. Upper Midwest fell in April, retreating from its strongest level in over two years, but it still marked a sixth consecutive month of manufacturing growth in the region, a private survey released on Friday showed.

Marquette University and the Institute for Supply Management-Milwaukee said their seasonally adjusted index on manufacturing in the Milwaukee region fell to 57.87 in April from 61.77 in March, the highest since November 2014.

A reading above 50 indicates regional factory activity is expanding.

Reporting by Richard Leong; Editing by Chizu Nomiyama

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