2018 Economic Calendar
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Today's Calendar   |   

Chicago PMI  
Released On 3/29/2018 9:45:00 AM For Mar, 2018
PriorConsensusConsensus Range
Business Barometer Index - Level61.9 63.2 60.0  to 65.0 

Consensus Outlook
Forecasters are calling for renewed acceleration in the Chicago PMI report, to a consensus 63.2 in March vs February' s 61.9. February's report was filled with 6-month lows but lows that still pointed to very strong rates of growth.

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
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

2018 Release Schedule
Released On: 1/312/283/294/275/316/297/318/319/2810/3111/30
Release For: JanFebMarAprMayJunJulAugSepOctNov

powered by  [Econoday]