United States Chicago Purchasing Managers' Index (PMI)
Price
The current value of the Chicago Purchasing Managers' Index (PMI) in United States is 62.7 Points. The Chicago Purchasing Managers' Index (PMI) in United States increased to 62.7 Points on 5/1/2026, after it was 49.2 Points on 4/1/2026. From 2/1/1967 to 5/1/2026, the average GDP in United States was 54.27 Points. The all-time high was reached on 11/1/1973 with 81 Points, while the lowest value was recorded on 6/1/1980 with 20.7 Points.
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Chicago Purchasing Managers' Index (PMI)
Chicago Purchasing Managers' Index (PMI)
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Chicago Purchasing Managers' Index (PMI) History
| Date | Value |
|---|---|
| 62.7 Points | |
| 49.2 Points | |
| 52.8 Points | |
| 57.7 Points | |
| 54 Points | |
| 42.7 Points | |
| 36.3 Points | |
| 43.8 Points | |
| 40.6 Points | |
| 41.5 Points |
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Chicago Purchasing Managers' Index (PMI)
The Chicago PMI (ISM-Chicago Business Barometer) assesses the performance of both the manufacturing and non-manufacturing sectors within the Chicago region. The Index is derived 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 is then seasonally adjusted to facilitate month-to-month comparisons. A reading above 50 signifies expansion, below 50 indicates contraction, and a reading of 50 suggests no change. The Chicago PMI is published one day prior to the ISM Manufacturing Index.
Macro pages for other countries in Americas
What is Chicago Purchasing Managers' Index (PMI)?
The Chicago Purchasing Managers' Index (Chicago PMI) is a monthly gauge of business conditions in the Chicago region, which is one of the major industrial and commercial hubs in the United States. As a key macroeconomic indicator, it is meticulously followed by economists, financial analysts, and investors to gain insights into the health and direction of the economy. The Chicago PMI is particularly significant because it provides early signals of changes in national economic trends. Eulerpool, committed to delivering precise and comprehensive macroeconomic data, includes the Chicago PMI in our array of economic indicators, helping professionals make informed decisions. The Chicago PMI is produced by the Institute for Supply Management (ISM), specifically the Chicago branch, in association with MNI Indicators. It surveys a cross-section of the manufacturing and non-manufacturing business sectors in the Chicago area, making it a composite index of various components such as new orders, production, employment, supplier deliveries, and inventories. Each of these subcomponents gives a different aspect of the economic activity and altogether they provide a holistic view of the region's economic health. The methodology involves surveying procurement and supply chain managers from approximately 200 companies across different industries in the Chicago region. These professionals answer a series of questions related to business conditions in their respective sectors. The responses are categorized into three possible answers: higher, same, and lower. The data collected is then seasonally adjusted to remove any distortions arising from seasonal variations in economic activity. The results are published as an index figure, with a reading above 50 indicating expansion, while a reading below 50 suggests contraction. The Chicago PMI is a valuable leading indicator because it is released before national figures such as the ISM Manufacturing PMI, giving market watchers an early view into the broader economic activity at the national level. An uptick in the Chicago PMI often precedes similar movements in national indices, making it a critical component in economic forecasting models. Investors closely monitor the Chicago PMI because changes in the index can influence financial markets. An unexpected rise can lead to increased investor confidence, potentially boosting stock prices, while an unexpected decline might have the opposite effect. Furthermore, the Chicago PMI can impact foreign exchange rates by influencing perceptions of the U.S. economic climate. Another noteworthy aspect of the Chicago PMI is its ability to track cyclical changes and turning points in the business cycle. During periods of economic recovery, the index typically shows sustained readings above 50, reflecting continuous growth in economic activity. Conversely, during economic downturns, the index often falls below 50, signaling contraction. For businesses, especially those in the manufacturing sector, the Chicago PMI provides critical information that can aid in strategic planning. A higher index reading might prompt companies to increase production, invest in new capacity, or hire more workers to meet rising demand. Insights from the PMI can also help businesses anticipate changes in supply chain conditions, such as supplier delivery times and inventory levels, enabling better inventory management and procurement planning. Policy makers, including the Federal Reserve, also consider the Chicago PMI when making decisions about monetary policy. The index helps in assessing the overall economic environment and the potential need for adjusting interest rates to either stimulate growth or contain inflation. By offering a real-time snapshot of economic activity, the Chicago PMI is an indispensable tool for policy makers aiming to balance between inflation and growth. Although the Chicago PMI provides a wealth of useful data, it is critical to view it in the context of other economic indicators for a more complete picture of the economy. For example, analysts often compare the PMI data with metrics like GDP growth, employment figures, and other regional PMI reports to discern more nuanced economic trends. In addition, the historical performance of the Chicago PMI offers valuable lessons for understanding economic cycles. By examining past data, one can identify patterns and predict potential future movements. For instance, studying the PMI trends during recessions and recoveries can offer insights into how the index behaves under different economic conditions. Challenges associated with the Chicago PMI include the reliance on survey responses, which can sometimes be subjective. Despite robust methods and adjustments to ensure accuracy, the data can be influenced by the respondent's outlook and perceptions. However, the aggregated results generally provide a reliable reflection of business conditions in the region. At Eulerpool, we ensure the Chicago PMI is presented with the utmost accuracy and contextual relevance, underpinning its importance in economic analysis. By providing detailed breakdowns and historical data, we enable professionals to extract maximum value from this indicator. In conclusion, the Chicago PMI is a pivotal economic indicator, vital for understanding regional and national economic trends. Its influence spans across financial markets, business planning, and policy making, making it a critical component of comprehensive economic analysis. Eulerpool is dedicated to providing this essential data, thereby empowering our users to navigate the complexities of economic forecasting with confidence and precision.
Chicago Purchasing Managers' Index (PMI) United States — FAQ
What is the current Chicago Purchasing Managers' Index (PMI) in United States?
The current Chicago Purchasing Managers' Index (PMI) in United States is 62.7 Points as of 5/1/2026.
How has the Chicago Purchasing Managers' Index (PMI) in United States changed recently?
The Chicago Purchasing Managers' Index (PMI) in United States increased from 49.2 Points (4/1/2026) to 62.7 Points (5/1/2026).
What is the all-time high for Chicago Purchasing Managers' Index (PMI) in United States?
The all-time high for Chicago Purchasing Managers' Index (PMI) in United States was 81 Points, recorded on 11/1/1973.
What is the all-time low for Chicago Purchasing Managers' Index (PMI) in United States?
The all-time low for Chicago Purchasing Managers' Index (PMI) in United States was 20.7 Points, recorded on 6/1/1980.
What is the historical average of Chicago Purchasing Managers' Index (PMI) in United States?
The historical average of Chicago Purchasing Managers' Index (PMI) in United States is 54.27 Points, calculated over the period from 2/1/1967 to 5/1/2026.
Where does the Chicago Purchasing Managers' Index (PMI) data for United States come from?
The Chicago Purchasing Managers' Index (PMI) data for United States is sourced from Institute for Supply Management and published on Eulerpool.