2018 Economic Calendar
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Chicago PMI  
Released On 4/30/2018 9:45:00 AM For Apr, 2018
PriorConsensusConsensus Range
Business Barometer Index - Level57.4 57.9 56.8  to 58.5 

Consensus Outlook
Little bounce back is the consensus for the Chicago PMI report, at 57.9 in April vs 57.4 in March. Capacity stress is a question for this sample as delivery times have been lengthening and skilled workers hard to find.

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
 
 

2018 Release Schedule
Released On: 1/312/283/294/305/316/297/318/319/2810/3111/30
Release For: JanFebMarAprMayJunJulAugSepOctNov
 


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