The Chicago Business Barometer, also known as the Chicago PMI, dropped to 37.9 in April 2024, down from 41.4 in the prior month and below market forecasts of 45. The latest reading indicated that Chicago's economic activity contracted for the fifth successive month in April, and at a robust pace, marking the strongest decline since November 2022. source: Institute for Supply Management
Chicago PMI in the United States decreased to 37.90 points in April from 41.40 points in March of 2024. Chicago PMI in the United States averaged 54.60 points from 1967 until 2024, reaching an all time high of 81.00 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 May of 2024.
Chicago PMI in the United States decreased to 37.90 points in April from 41.40 points in March of 2024. Chicago PMI in the United States is expected to be 47.00 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 53.00 points in 2025, according to our econometric models.