The MNI Chicago Business Barometer in the US jumped to 63.8 in January of 2021 from 58.7 in December and easily beating market forecasts of 58.5. The reading pointed to the strongest expansion in Chicago business activity since July of 2018, boosted by a pick-up in activity at the beginning of 2021. Among the main five indicators, production saw the largest monthly gain to hit the highest level since January 2018, followed by new orders, which climbed to the highest level since November 2018. On the other hand, employment recorded the biggest decline, down for the nineteenth straight month. source: Institute for Supply Management

Chicago PMI in the United States averaged 54.66 points from 1967 until 2021, 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 February of 2021.

Chicago PMI in the United States is expected to be 55.00 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 52.00 in 12 months time. In the long-term, the United States Chicago PMI is projected to trend around 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
63.80 58.70 78.60 21.20 1967 - 2021 points Monthly
SA


News Stream
Chicago PMI Strongest since July 2018
The MNI Chicago Business Barometer in the US jumped to 63.8 in January of 2021 from 58.7 in December and easily beating market forecasts of 58.5. The reading pointed to the strongest expansion in Chicago business activity since July of 2018, boosted by a pick-up in activity at the beginning of 2021. Among the main five indicators, production saw the largest monthly gain to hit the highest level since January 2018, followed by new orders, which climbed to the highest level since November 2018. On the other hand, employment recorded the biggest decline, down for the nineteenth straight month.
2021-01-29
Chicago Business Barometer Beats Forecasts
The MNI Chicago Business Barometer in the US increased by 1.3 points from the previous month to 59.5 in December 2020, beating market expectations of 57.0. Among the main five indicators, employment saw the largest monthly gain to hit a one-year high, followed by order backlogs. Meanwhile, new orders recorded the biggest decline as demand eased in December. Through Q4 as a whole, business sentiment recovered further to 59.6, the strongest reading since Q4 2018.
2020-12-30
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

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.