The Chicago Business Barometer, also known as the Chicago PMI, increased to 42.8 in July of 2023 from 41.5 points in June 2023, but well below market forecasts of 43.3. The reading marked the 11th consecutive month of contraction in business activity in the Chicago region source: Institute for Supply Management

Chicago PMI in the United States averaged 54.72 points from 1967 until 2023, reaching an all time high of 81.00 points in November of 1973 and a record low of 20.70 points in June of 1980. This page provides the latest reported value for - United States Chicago PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Chicago PMI - data, historical chart, forecasts and calendar of releases - was last updated on August of 2023.

Chicago PMI in the United States is expected to be 49.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Chicago PMI is projected to trend around 53.00 points in 2024, according to our econometric models.

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United States Chicago PMI



Related Last Previous Unit Reference
Business Confidence 46.40 46.00 points Jul 2023
Non Manufacturing PMI 52.70 53.90 points Jul 2023
Ism New York Index 37.20 35.50 percent Mar 2021
Chicago PMI 42.80 41.50 points Jul 2023

United States Chicago PMI
The Chicago PMI (ISM-Chicago Business Barometer) measures the performance of the manufacturing and non-manufacturing sector in the Chicago region. The Index is computed from five weighted raw indexes: Production (0.25), New Orders (0.35), Order Backlog (0.15), Employment (0.10), and Supplier Deliveries (0.15) and then seasonally adjusted to support month-to-month comparisons. A reading above 50 indicates an expansion; below 50 represents a contraction; while 50 indicates no change. Chicago PMI is released one day before the ISM Manufacturing Index.
Actual Previous Highest Lowest Dates Unit Frequency
42.80 41.50 81.00 20.70 1967 - 2023 points Monthly
SA

News Stream
Chicago PMI Remains Below 50
The Chicago Business Barometer, also known as the Chicago PMI, increased to 42.8 in July of 2023 from 41.5 points in June 2023, but well below market forecasts of 43.3. The reading marked the 11th consecutive month of contraction in business activity in the Chicago region
2023-07-31
Chicago PMI Disappoints
The Chicago Business Barometer, also known as the Chicago PMI, increased to 41.5 in June of 2023 from 40.4 points in May 2023, but well below market forecasts of 44. The reading marked the tenth consecutive month of contraction in business activity in the Chicago region.
2023-06-30
Chicago Business Barometer Drops in May
The Chicago Business Barometer, also known as the Chicago PMI, fell to 40.4 points in May 2023, down from an eight-month high of 48.6 in April and well below market forecasts of 47. The reading marked the ninth consecutive month of contraction in business activity in the Chicago region, but one that was the softest since November last year.
2023-05-31