The MNI Chicago Business Barometer in the US jumped to 62.4 in September of 2020 from 51.2 in August and easily beating market forecasts of 52. The reading pointed to the biggest expansion in Chicago business activity since February of 2019 as all five main indicators saw monthly gains, with production and new orders leading the way. Through Q3, business sentiment recovered sharply to 55.2, the strongest reading since Q1 2019.
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 October of 2020.
Chicago Pmi in the United States is expected to be 50.80 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 49.00 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.