The MNI Chicago Business Barometer in the US increased by 4.3 points to 36.6 in June 2020 recovering from the previous month's 38-year low, but missing market expectations of 45.0. Business activity recovered slightly as the Chicago region eased Covid-19 related shutdowns. Among the main five indicators, Production and New Orders saw the largest monthly gains, while Supplier Deliveries and Employment faltered. Considering the second quarter as a whole, business sentiment slipped 11.8 points to 34.8, the lowest level since the first quarter of 2009.
Chicago Pmi in the United States averaged 54.62 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 July of 2020.
Chicago Pmi in the United States is expected to be 45.00 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.