The Chicago Business Barometer surged to 62.7 in May of 2026 from 49.2 in the previous month, the highest in over four years. The sharp recovery in the index reflected fresh traction in business activity, after the tight supply of energy due to the war in the Middle East lifted energy prices and dented consumers' purchasing power at the start of the second quarter. source: Institute for Supply Management

Chicago PMI in the United States increased to 62.70 points in May from 49.20 points in April of 2026. Chicago PMI in the United States averaged 54.27 points from 1967 until 2026, 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.

Chicago PMI in the United States increased to 62.70 points in May from 49.20 points in April of 2026. 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. In the long-term, the United States Chicago PMI is projected to trend around 50.00 points in 2027 and 52.00 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
ISM Manufacturing PMI 52.70 52.70 points Apr 2026
ISM Manufacturing Employment 46.40 48.70 points Apr 2026
ISM Manufacturing New Orders 54.10 53.50 points Apr 2026
ISM Manufacturing Prices 84.60 78.30 points Apr 2026
ISM Services Business Activity 55.90 53.90 points Apr 2026
ISM Services Employment 48.00 45.20 points Apr 2026
ISM Services New Orders 53.50 60.60 points Apr 2026
ISM Services Prices 70.70 70.70 points Apr 2026


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.

News Stream
Chicago PMI Surges to Over 4-Year High
The Chicago Business Barometer surged to 62.7 in May of 2026 from 49.2 in the previous month, the highest in over four years. The sharp recovery in the index reflected fresh traction in business activity, after the tight supply of energy due to the war in the Middle East lifted energy prices and dented consumers' purchasing power at the start of the second quarter.
2026-05-29
Chicago Business Barometer Dips in April
The Chicago Business Barometer fell to 49.2 in April 2026 from 52.8 in March, missing market expectations of 53 and signaling a contraction in business activity. The decline reflected the impact of rising energy costs due to the Middle East conflict, with drops in order backlogs, new orders, supplier deliveries, and production. Meanwhile, employment increased. The prices paid index reached its highest level since June, driven by higher costs for oil, metals, and transportation fuel surcharges.
2026-04-30
Chicago Business Activity Slows in March
The Chicago Business Barometer fell to 52.8 in March 2026 from a near four-year high of 57.7 in February and below market estimates of 55. This marked the third consecutive month of growth in Chicago's economic activity, though the pace of expansion slowed significantly from the previous month. New orders and output continued to grow, but at a slower pace, while workforce numbers decreased. Meanwhile, order backlogs reached levels not seen since December 2022. On the price front, prices paid accelerated to its highest since December.
2026-03-31