The Chicago PMI fell to 56 in June of 2022 from 60.3 in May, below forecasts of 58.. It is the lowest reading since August of 2020. source: Institute for Supply Management

Chicago PMI in the United States averaged 54.92 points from 1967 until 2022, 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 July of 2022.

Chicago PMI in the United States is expected to be 56.00 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 2023, according to our econometric models.

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United States Chicago PMI

Related Last Previous Unit Reference
Business Confidence 53.00 56.10 points Jun 2022
Non Manufacturing PMI 55.90 57.10 points May 2022
Ism New York Index 37.20 35.50 percent Mar 2021
Chicago PMI 56.00 60.30 points Jun 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
56.00 60.30 81.00 20.70 1967 - 2022 points Monthly

News Stream
Chicago Business Barometer at Near 1-1/2-Year Low
The Chicago PMI in the United States decreased to 58.5 points in April of 2022 from 65.9 points in March and missing market forecasts of 62. It was the lowest reading since November of 2020, suggesting a slowdown in economic activity.
Chicago Business Barometer at 1-1/2-Year Low
The Chicago PMI in the United States decreased to 56.3 points in February of 2022 from 65.2 points in January and missing market forecasts of 63. It was the lowest reading since August of 2020, suggesting a slowdown in economic activity. All five of the main five indicators fell, with new orders and supplier deliveries taking the largest hit. Only Inventories edged up over the month, as firms continued stocking up due to persistent supply chain disruptions.
Chicago Business Barometer at 3-Month High
The Chicago PMI in the United States increased to 65.20 points in January from 64.30 points in December of 2021. It is the highest reading in 3 months, beating forecasts of 61.7. Order backlogs, employment and supplier deliveries all increased and prices slowed while production and orders fell.