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United States Chicago PMI

Last Release
Jun 30, 2025
Actual
40.4
Units In
Points
Previous
40.5
Frequency
Monthly
Next Release
Jul 31, 2025
Time to Release
29 Days 13 Hours
Highest
Lowest
Average
Date Range
Source
81
Nov 1973
20.7
Jun 1980
54.36 Points1967-2025Institute 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 slipped to 40.4 in June 2025 from 40.5 in May, missing market expectations of 43. The index has now stayed below the 50-point threshold for 19 straight months and sits 7.2 points below March’s high of 47.6. The decline was driven by lower readings in supplier deliveries (-6.8 pts), production (-2.7 pts), employment (-3.9 pts), and order backlogs (-1.5 pts), partially offset by a 4.1-point rebound in new orders. Order backlogs fell to their lowest level since May 2020, with just 4% of respondents reporting larger backlogs—near a record low. Inventories dropped 8 points. Meanwhile, prices paid surged 8.3 points to the highest since May 2022, with 70% of firms reporting higher input costs.

United States Chicago PMI History

Last 12 readings

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