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. source: Institute for Supply Management
Chicago PMI in the United States averaged 54.69 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 April of 2021.
Chicago PMI in the United States is expected to be 59.80 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 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.