Here comes Chicago PMI ...

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deep dish pizza

Wikimedia Commons

Giordano's stuffed pizza.

Business activity in the Midwest is expected to have picked up in January, with the Chicago Purchasing Manager's rising to 55.0 from a downwardly revised 53.9, according to economists surveyed by Bloomberg.

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The report is scheduled to cross the wires at 9:45 a.m. ET.

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