Chicago PMI edges up in July, reports say

WASHINGTON (MarketWatch)
Chicago PMI, or the Chicago business barometer as it's formally called, accelerated a bit in July, according to published reports
The Chicago PMI rose to 52.3 from 51.6 in June, though that's lower than the 54.0 expected in a MarketWatch-compiled economist poll
Readings above 50.0 indicate expansion