The MNI Chicago Business Barometer in the US increased by 5.8 points to 72.1 in April 2021, the highest level since December 1983 and above market expectations of 65.3. Among the main five indicators, the gauge for new orders rose 9.9 points to a near 7-year high, while the production index ticked up 0.9 points to the highest level since January 2018. In addition, employment edged higher by 1.7 points, marking the highest level since August 2018 and the second successive reading in expansion territory. The order backlog index jumped 16.2 points to the highest level since December 1973, while inventories and supplier deliveries declined. source: Institute for Supply Management

Chicago PMI in the United States averaged 54.72 points from 1967 until 2021, reaching an all time high of 81 points in November of 1973 and a record low of 20.70 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 May of 2021.

Chicago PMI in the United States is expected to be 50.00 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
72.10 66.30 81.00 20.70 1967 - 2021 points Monthly
SA


News Stream
Chicago Business Barometer at 37-Year High
The MNI Chicago Business Barometer in the US increased by 5.8 points to 72.1 in April 2021, the highest level since December 1983 and above market expectations of 65.3. Among the main five indicators, the gauge for new orders rose 9.9 points to a near 7-year high, while the production index ticked up 0.9 points to the highest level since January 2018. In addition, employment edged higher by 1.7 points, marking the highest level since August 2018 and the second successive reading in expansion territory. The order backlog index jumped 16.2 points to the highest level since December 1973, while inventories and supplier deliveries declined.
2021-04-30
Chicago Business Barometer Jumps to 2-1/2-Year High
The MNI Chicago Business Barometer in the US increased by 6.8 points to 66.3 in March 2021, the highest level since July 2018 and above market expectations of 60.7. Among the main five indicators, production saw the largest gain (up 10.1 points to a three-year high), followed by new orders (up 7.1 points) while order backlogs saw the biggest drop (down 6 points). Through the first quarter the index gained 4.4 points to 63.2, the strongest reading since Q3 2018.
2021-03-31
Chicago Business Barometer Falls in February
The MNI Chicago Business Barometer in the US decreased by 4.3 points to 59.5 in February 2021 from the previous month's 2-1/2-year high of 63.8, missing market expectations of 61.1. Among the main five indicators, New Orders saw the largest monthly decline (down 11 points), followed by Production (down 9.3 points). Employment recorded the biggest gain (up 5.7 points to a sixteen-month high).
2021-02-26
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

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.