United States Chicago PMI

Last Release

Mar 31, 2025

Actual

47.6

Units In

Points

45.5

Frequency

Monthly

Next Release

Apr 30, 2025

Time to Release

28 Days 13 Hours

Highest	Lowest	Average	Date Range	Source
81 Nov 1973	20.7 Jun 1980	54.42 Points	1967-2025	Institute for Supply Management

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.

Latest Updates

The Chicago Business Barometer, or Chicago PMI, rose to 47.6 in March 2025 from 45.5 in the prior month and better than market expectations of 45.2. The latest data showed that Chicago's economic activity contracted for the 16th consecutive month, though at the slowest pace since November 2023. The increase was largely driven by a rise in production, with smaller increases in employment, order backlogs and new orders also contributing whilst supplier deliveries declined.