2017 Economic Calendar
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Chicago PMI  
Released On 9/29/2017 9:45:00 AM For Sep, 2017
PriorConsensusConsensus Range
Business Barometer Index - Level58.9 58.6 55.0  to 60.0 

Recent History Of This Indicator
The Chicago PMI has been one of the highest flyers of any regional reports this year, posting consistent readings near or over 60. For September, forecasters are calling for 58.6 vs August's 58.9. This report tracks both the non-manufacturing and manufacturing sectors of the Chicago-area economy.

Definition
The Institute For Supply Management - Chicago compiles a survey and a composite diffusion index of business conditions in the Chicago area. Since October 2011, the survey has been conducted by Market News International. Manufacturing and non-manufacturing firms both are surveyed. Hence, it is not directly comparable to pure manufacturing surveys. Readings above 50 percent indicate an expanding business sector.  Why Investors Care
 
[Chart]
The ISM-Chicago survey (traditionally and informally called the Chicago PMI) registers manufacturing and non- manufacturing activity in the Chicago region. Investors care about this indicator because the Chicago region somewhat mirrors the nation in its distribution of manufacturing and non- manufacturing activity. Many like to compare the Chicago-PMI with following business day's ISM manufacturing index but they do not always move in tandem since the national ISM is only for manufacturing.
Data Source: Haver Analytics
 
 

2017 Release Schedule
Released On: 1/312/283/314/285/316/307/318/319/2910/3111/3012/29
Release For: JanFebMarAprMayJunJulAugSepOctNovDec
 


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