The Chicago Business Barometer jumped to 73.4 in July of 2021 from 66.1 in June, the second-highest pandemic-era reading. Demand is strong but firms remain concerned about supply chain disruptions and rising prices. Among the main five indicators, production saw the largest increase, followed by New Orders, while Supplier Deliveries remained unchanged. source: Institute for Supply Management

Chicago PMI in the United States averaged 54.80 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 August of 2021.

Chicago PMI in the United States is expected to be 65.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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
73.40 66.10 81.00 20.70 1967 - 2021 points Monthly
SA


News Stream
Chicago PMI Recovers in July
The Chicago Business Barometer jumped to 73.4 in July of 2021 from 66.1 in June, the second-highest pandemic-era reading. Demand is strong but firms remain concerned about supply chain disruptions and rising prices. Among the main five indicators, Production saw the largest increase, followed by New Orders, while Supplier Deliveries remained unchanged.
2021-07-30
US Chicago PMI Falls from 48-Year Highs
The MNI Chicago Business Barometer in the US fell to 66.1 in June of 2021 from 75.2 in May which was the highest since November of 1973 and below market forecasts of 70. largest decline, among the main five indicators, order backlogs saw the largest decline, with supplier deliveries posting the only gain. Through Q2 2021, the index surged 7.9 points to 71.1, its highest quarterly reading since Q4 1973.
2021-06-30
Chicago PMI Strongest since 1973
The MNI Chicago Business Barometer in the US increased to 75.2 in May of 2021 from 72.1 in March, the highest level since November 1973 and above market expectations of 75.2. Demand provided a boost to business activity, but supply chain constraints remain. The gauge for new orders gained 7.7 points to the highest level since December 1983, while the production index slowed 2.3 points. Supplier deliveries rose 5.9 points to a 47-year high in May with supply chain constraints remaining a serious problem. Companies continuously noted delivery delays due to transportation issues and material shortages. The order backlog index jumped 7.5 points, hitting a 70-year high amid logistical issues and personnel shortages which are driving backlogs. Employment slip back into contraction territory, down 6.5 points with firms indicating difficulties finding new staff.
2021-05-28
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

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.