The MNI Chicago Business Barometer in the US fell for the second month to 58.2 in November of 2020 from 61.1 in October and below forecasts of 59. Still, figures pointed to a strong expansion in Chicago business activity. Among the main five indicators, new orders and production posted the only declines, while supplier deliveries saw the largest gain. source: Institute for Supply Management

Chicago PMI in the United States averaged 54.64 points from 1967 until 2020, reaching an all time high of 78.60 points in January of 1973 and a record low of 21.20 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 December of 2020.

Chicago PMI in the United States is expected to be 50.20 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Chicago PMI in the United States to stand at 51.00 in 12 months time. In the long-term, the United States Chicago PMI is projected to trend around 52.00 points in 2021 and 54.00 points in 2022, according to our econometric models.

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United States Chicago PMI

Actual Previous Highest Lowest Dates Unit Frequency
58.20 61.10 78.60 21.20 1967 - 2020 points Monthly
SA


News Stream
Chicago PMI Falls for 2nd Month
The MNI Chicago Business Barometer in the US fell for the second month to 58.2 in November of 2020 from 61.1 in October and below forecasts of 59. Still, figures pointed to a strong expansion in Chicago business activity. Among the main five indicators, new orders and production declined, while supplier deliveries saw the largest gain.
2020-11-30
Chicago PMI Remains Strong
The MNI Chicago Business Barometer in the US fell to 61.1 in October of 2020 from 62.4 in September which was the highest since February of 2009. Still, figures pointed to a strong expansion in Chicago business activity, above the long-term average of 54.6 and market forecasts of 58. Production recorded the largest decline and new orders was the only category to show a monthly uptick, reaching the highest since November of 2018.
2020-10-30
Chicago PMI Strongest since February 2009
The MNI Chicago Business Barometer in the US jumped to 62.4 in September of 2020 from 51.2 in August and easily beating market forecasts of 52. The reading pointed to the strongest expansion in Chicago business activity since February of 2019 as all five main indicators saw monthly gains, with production and new orders leading the way. Through Q3, business sentiment recovered sharply to 55.2, the strongest reading since Q1 2019.
2020-09-30
Chicago PMI Below Forecasts but Points to 2nd Month of Economic Expansion
The MNI Chicago Business Barometer in the US fell to 51.2 in August of 2020 from 52 in July, below market forecasts of 52. Still, it is the second straight month the reading is above 50, pointing to economic expansion. Among the five main indicators, Order Backlogs was the only one to show a monthly decline, while Supplier Deliveries recorded the largest gain. Production rose to the highest level since June of 2019. Companies noted that previously pushed out orders led to an increase in production. Demand also improved, with New Orders edging up to a one-year high. Anecdotal evidence suggests that the industrial and agricultural sector were hit the hardest and recovered only slowly, while the medical sector is faring very well.
2020-08-28

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.