The MNI Chicago Business Barometer for the US fell sharply to 52.6 in April of 2019 from 58.7 in March and well below market expectations of 59. It is the lowest reading since January of 2017, as four of the five components declined. New orders fell for the second straight month and production pulled back significantly from March, to a level not seen since May 2016. Also, The employment indicator softened to the lowest level since October 2017. Factory gate prices saw the biggest monthly fall since December 2008, taking the indicator to the lowest level since March 2016, mainly due to steel prices. Meanwhile, order backlogs picked-up, moving above the 50-neutral level after a brief dip into contraction territory in March. Chicago Pmi in the United States averaged 54.84 Index Points from 1967 until 2019, reaching an all time high of 78.60 Index Points in January of 1973 and a record low of 21.20 Index Points in June of 1980.

Chicago Pmi in the United States is expected to be 53.00 Index 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 50.00 in 12 months time. In the long-term, the United States Chicago PMI is projected to trend around 56.00 Index Points in 2020, according to our econometric models.

United States Chicago PMI
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United States Business Last Previous Highest Lowest Unit
Business Confidence 52.80 55.30 77.50 29.40 Index Points [+]
Manufacturing PMI 50.60 52.60 57.90 50.60 [+]
Services PMI 50.90 53.00 61.00 49.30 Index Points [+]
Non Manufacturing PMI 55.50 56.10 62.00 37.80 [+]
Composite Pmi 50.90 53.00 61.00 50.00 Index Points [+]
Industrial Production 0.90 2.30 62.00 -33.70 percent [+]
Industrial Production Mom -0.50 0.20 16.60 -10.40 percent [+]
Manufacturing Production -0.20 0.70 67.90 -39.40 percent [+]
Capacity Utilization 77.93 78.46 89.39 66.69 percent [+]
Durable Goods Orders -2.10 1.70 23.50 -19.00 percent [+]
Durable Goods Orders Ex Defense -2.50 0.10 26.00 -19.70 percent [+]
Durable Goods Orders Ex Transportation 0.00 -0.50 7.50 -6.80 percent [+]
Factory Orders Ex Transportation 0.80 0.30 4.60 -7.20 percent [+]
New Orders 508192.00 497474.00 565232.00 223500.00 USD Million [+]
Factory Orders 1.90 -0.30 10.60 -10.00 percent [+]
Business Inventories 0.00 0.30 1.30 -2.00 percent [+]
Changes in Inventories 128.39 96.80 166.37 -245.13 USD Billion [+]
Wholesale Inventories -0.10 0.40 2.10 -2.00 percent [+]
Bankruptcies 22157.00 22232.00 82446.00 19695.00 Companies [+]
Corporate Profits 2076.20 2076.82 2076.82 14.70 USD Billion [+]
NFIB Business Optimism Index 103.50 101.80 108.80 80.10 Index Points [+]
Ism New York Index 77.30 66.90 88.80 23.40 percent [+]
Philadelphia Fed Manufacturing Index 16.60 8.50 58.50 -57.90 Index Points [+]
NY Empire State Manufacturing Index 17.80 10.10 39.00 -34.40 Index Points [+]
Richmond Fed Manufacturing Index 3.00 10.00 29.00 -44.00 Index Points [+]
Chicago Fed National Activity Index -0.45 0.05 2.78 -5.27 [+]
Dallas Fed Manufacturing Index 2.00 6.90 47.60 -59.90 Index Points [+]
Chicago Pmi 52.60 58.70 78.60 21.20 Index Points [+]
Car Production 2.42 2.46 9.92 1.29 Million Units [+]
Car Registrations 464.96 377.46 1149.00 331.50 Thousand [+]
Total Vehicle Sales 16.40 17.45 21.77 9.05 Million [+]
Crude Oil Stocks Change 4.74 5.43 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 100.00 106.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change 3716.00 -1123.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 127.79 125.78 127.79 46.91 Index Points [+]
Internet Speed 18747.58 17235.62 18747.58 3609.31 KBps [+]
IP Addresses 128949703.00 127873899.00 146874246.00 89399946.00 IP [+]
API Crude Oil Stock Change 2.40 8.60 14.30 -12.40 BBL/1Million [+]
Crude Oil Rigs 797.00 802.00 1609.00 98.00 [+]
Corruption Index 71.00 75.00 78.00 71.00 Points [+]
Corruption Rank 22.00 16.00 24.00 14.00 [+]
Competitiveness Index 85.64 84.84 85.64 5.42 Points [+]
Competitiveness Rank 1.00 1.00 7.00 1.00 [+]
Ease of Doing Business 8.00 6.00 8.00 4.00 [+]
Steel Production 7752.00 6896.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 10.40 9.80 108.20 -28.80 percent [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
52.60 58.70 78.60 21.20 1967 - 2019 Index Points Monthly
SA




Country Last Previous
United States 52.60 Apr/19


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