United States Chicago PMI

The MNI Chicago Business Barometer in the US increased by 6 points to 50.4 in July 2019 from the previous month's three-and-a-half-year low. The latest reading also beat market expectations of 47.5. Production remains muted, despite a pickup of 6.7 points; and demand recovered slightly, highlighted by an increase in New Orders, which saw the largest single component monthly gain and shifted back into expansion. Order Backlogs recovered to 51.3 in August after three straight months below 50. Inventories witnessed the largest monthly percentage decline, falling by 11.2 percent to 47.9, indicating that firms started to run down inventories in August. Employment remained in contraction. Chicago Pmi in the United States averaged 54.80 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 52.00 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 52.00 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.

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United States Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	49.10	51.20	77.50	29.40	Index Points	[+]
Manufacturing PMI	50.30	50.40	57.90	50.30		[+]
Services PMI	50.70	53.00	61.00	49.30	Index Points	[+]
Non Manufacturing PMI	56.40	53.70	62.00	37.80		[+]
Composite Pmi	50.70	52.60	61.00	50.00	Index Points	[+]
Industrial Production	0.40	0.50	62.00	-33.70	percent	[+]
Industrial Production Mom	0.60	-0.10	16.60	-10.40	percent	[+]
Manufacturing Production	-0.40	-0.50	67.90	-39.40	percent	[+]
Capacity Utilization	77.88	77.52	89.39	66.69	percent	[+]
Durable Goods Orders	2.10	1.80	23.20	-18.40	percent	[+]
Durable Goods Orders Ex Defense	1.40	3.10	25.50	-19.20	percent	[+]
Durable Goods Orders Ex Transportation	-0.40	0.80	6.30	-10.20	percent	[+]
Factory Orders Ex Transportation	0.30	-0.10	4.60	-7.00	percent	[+]
New Orders	500278.00	493817.00	565232.00	223500.00	USD Million	[+]
Factory Orders	1.40	0.50	10.40	-9.70	percent	[+]
Business Inventories	0.40	0.00	1.30	-2.00	percent	[+]
Changes in Inventories	69.03	116.00	173.21	-245.13	USD Billion	[+]
Wholesale Inventories	0.20	-0.10	2.10	-2.00	percent	[+]
Bankruptcies	22483.00	22157.00	82446.00	19695.00	Companies	[+]
Corporate Profits	1882.97	1791.42	1882.97	14.67	USD Billion	[+]
NFIB Business Optimism Index	103.10	104.70	108.80	80.10	Index Points	[+]
NY Empire State Manufacturing Index	2.00	4.80	39.00	-34.40	Index Points	[+]
Philadelphia Fed Manufacturing Index	12.00	16.80	58.50	-57.90	Index Points	[+]
Richmond Fed Manufacturing Index	1.00	-12.00	27.00	-44.00	Index Points	[+]
Ism New York Index	50.30	43.50	88.80	23.40	percent	[+]
Chicago Fed National Activity Index	-0.36	0.03	2.79	-5.28		[+]
Dallas Fed Manufacturing Index	2.70	-6.30	47.60	-59.90	Index Points	[+]
Chicago Pmi	50.40	44.40	78.60	21.20	Index Points	[+]
Car Production	2.67	2.62	9.92	1.29	Million Units	[+]
Car Registrations	417.60	466.07	1149.00	331.50	Thousand	[+]
Total Vehicle Sales	16.90	16.80	21.77	9.05	Million	[+]
Crude Oil Stocks Change	1.06	-6.91	14.42	-15.22	BBL/1Million	[+]
Natural Gas Stocks Change	84.00	78.00	147.00	-359.00	Billion cf	[+]
Gasoline Stocks Change	781.00	-682.00	11456.00	-8428.00	Thousand Barrels	[+]
Leading Economic Index	128.31	128.29	128.31	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	0.59	-7.20	14.30	-12.40	BBL/1Million	[+]
Crude Oil Rigs	719.00	733.00	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	7514.00	7276.00	11951.00	3799.00	Thousand Tonnes	[+]
Kansas Fed Manufacturing Index	-2.00	-6.00	37.00	-32.00	Index Points	[+]
Mining Production	5.10	5.90	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 September of 2019.