The MNI Chicago Business Barometer in the US decreased by 5.3 points from a month earlier to 42.9 in January 2020, missing market expectations of 48.8 and pointing to the lowest reading since December of 2015. Demand weakened in January dragged by a fall in new orders while production dipped 3.8 points to 42.7, the lowest level since July 2019. In addition, order backlogs slumped to a four-year low while inventories slumped by 5.8 points to 40.2, the lowest level since May 2016. Meantime, employment remained barely unchanged in January while supplier deliveries continued to expand.

Chicago Pmi in the United States averaged 54.73 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.

Chicago Pmi in the United States is expected to be 49.40 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 54.00 in 12 months time. In the long-term, the United States Chicago PMI is projected to trend around 54.00 points in 2021 and 56.00 points in 2022, according to our econometric models.


Ok
The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
United States Chicago PMI

Actual Previous Highest Lowest Dates Unit Frequency
42.90 48.20 78.60 21.20 1967 - 2020 points Monthly
SA


News Stream
Chicago PMI Plunges to Over 4-Year Low
The MNI Chicago Business Barometer in the US decreased by 5.3 points from a month earlier to 42.9 in January 2020, missing market expectations of 48.8 and pointing to the lowest reading since December of 2015. Demand weakened in January dragged by a fall in new orders while production dipped 3.8 points to 42.7, the lowest level since July 2019. In addition, order backlogs slumped to a four-year low while inventories slumped by 5.8 points to 40.2, the lowest level since May 2016. Meantime, employment remained barely unchanged in January while supplier deliveries continued to expand.
2020-01-31
Chicago PMI Remains in Negative Territory
The MNI Chicago Business Barometer in the US rose to 48.9 in December 2019 from 46.3 in the previous month. The index came slightly better than market estimates of 48 but remained in contraction territory for the fourth straight month. Production, new orders, order backlogs, employment and inventories indexes continued in negative territory. Supplier delivery times increased by 5.1 points to 55.4 and it was the only component among the main five remaining above the 50-mark. Prices at the factory gate jumped 9.2% to 58.4 in December, hitting the highest level since August. Business sentiment dropped by 1.2 points to 46.2 in the fourth quarter, marking the lowest quarterly reading since Q2 2009.
2019-12-30
Chicago PMI Recovers from 4 Year Low
The MNI Chicago Business Barometer in the US increased to 46.3 in November of 2019 from 43.2 in October which was the lowest since December 2015. Still, the index came below market expectations of 47 and remained in contraction for the third straight month. The New Orders and Order Backlogs indices saw the largest monthly improvement in November, while Supplier Deliveries fell the most.
2019-11-27
Chicago Business Barometer at Near 4-Year Low
The MNI Chicago Business Barometer in the US decreased by 3.9 points to 43.2 in October 2019 from the previous month's 47.1, well below market expectations of 48. That was the lowest reading since December 2015. Production and Employment remained in contraction territory and New Orders declined to 37.0, its lowest since March 2009. In addition, Order Backlogs dropped by 13.6 points to 33.1.
2019-10-31

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.