The Chicago Purchasing Managers’ Business Barometer rose to 62.6 in February from 61.5 in January, the National Association of Purchasing Management-Chicago said Friday.

Economists polled by Thomson ­Reuters predicted a 60.0 reading for the indicator.

The production index slid to 65.2 from 66.6, the new orders index fell to 62.2 from 66.4, the order backlogs index ­increased to 58.5 from 54.3 in the prior survey, and inventories fell to 42.4 from 48.7.

The employment index dropped to 53.0 from 59.8.

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