United States Chicago PMI

Last Release

May 31, 2025

Actual

40.5

Units In

Points

44.6

Frequency

Monthly

Next Release

Jun 30, 2025

Time to Release

29 Days 10 Hours

Highest	Lowest	Average	Date Range	Source
81 Nov 1973	20.7 Jun 1980	54.38 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 fell to 40.5 in May 2025 from 44.6 in the prior month, while analysts had expected it to improve to 45, amid heightened economic uncertainty. The latest reading showed that Chicago's economic activity contracted for the 18th consecutive month, experiencing its sharpest decline in four months, led by a fall in new orders, order backlogs and production. However, employment and supplier deliveries increased.