Chicago Purchasing Managers' Index

The Chicago Purchasing Managers Index released by ISM-Chicago, Inc captures business conditions across Illinois, Indiana and Michigan. This index is an indicator of business trends and it is interrelated with the ISM manufacturing Index. It is widely used to indicate the overall economic condition in US. A result above 50 is bullish for the USD, whereas a result below 50 is seen as bearish.

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Most recent - Thursday 31 August 2023 13:45

42.8

Revised

Forecast

44.1

Actual

48.7

Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.

Next event - Friday 29 September 2023 13:45

48.7

Forecast

47.6

Actual

The typical/expected impact on USD pairs is medium.

The consensus forecast for Chicago Purchasing Managers' Index is 47.6. A higher value than forecast tends to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.

Trading range

Forecast history

The most recent announced value for Chicago Purchasing Managers' Index was 48.7 against a forecast of 44.1.

Past events

Date

Forecast

Actual

Thursday 31 August 2023 13:45

44.1

48.7

Monday 31 July 2023 13:45

42.8

Friday 30 June 2023 13:45

41.5

Wednesday 31 May 2023 13:45

40.4

Friday 28 April 2023 13:45

43.5

48.6

Friday 31 March 2023 13:45

43.4

43.8

Tuesday 28 February 2023 14:45

43.6

Tuesday 31 January 2023 14:45

44.3

Friday 30 December 2022 14:45

41.2

44.9

Wednesday 30 November 2022 14:45

37.2

Monday 31 October 2022 13:45

45.2

Friday 30 September 2022 13:45

51.8

45.7

Wednesday 31 August 2022 13:45

52.2

Friday 29 July 2022 13:45

52.1

Thursday 30 June 2022 13:45

Tuesday 31 May 2022 13:45

60.3

Friday 29 April 2022 13:45

56.4

Thursday 31 March 2022 13:45

62.9

Monday 28 February 2022 14:45

56.3

Monday 31 January 2022 14:45

61.7

65.2

Thursday 30 December 2021 14:45

63.1

Tuesday 30 November 2021 14:45

61.8

Friday 29 October 2021 13:45

63.5

68.4

Thursday 30 September 2021 13:45

64.7

Tuesday 31 August 2021 13:45

66.8

Friday 30 July 2021 13:45

73.4

Wednesday 30 June 2021 13:45

66.1

Friday 28 May 2021 13:45

75.2

Friday 30 April 2021 13:45

65.3

72.1

Wednesday 31 March 2021 13:45

60.7

66.3

Friday 26 February 2021 14:45

61.1

59.5

Friday 29 January 2021 14:45

58.5

63.8

Wednesday 30 December 2020 14:45

59.5

Monday 30 November 2020 14:45

58.2

Friday 30 October 2020 13:45

61.1

Wednesday 30 September 2020 13:45

62.4

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next Chicago Purchasing Managers' Index result:

		Previous	Latest
S&P Global Composite PMI	Bearish change	50.2	50.1
S&P Global Manufacturing PMI	Bullish change	47.9	48.9
S&P Global Services PMI	Bearish change	50.5	50.2
Existing Home Sales Change (MoM)	Bullish change	-2.2%	-0.7%
Initial Jobless Claims	Bullish change	221K	201K
Philadelphia Fed Manufacturing Survey	Bearish change	12	-13.5
Fed Interest Rate Decision	(no change)	5.5%	5.5%
Interest Rate Projections - 1st year	Bullish change	4.6%	5.1%
Interest Rate Projections - 2nd year	Bullish change	3.4%	3.9%
Interest Rate Projections - 3rd year	Bearish change	3.1%	2.9%
Interest Rate Projections - Current	(no change)	5.6%	5.6%
Interest Rate Projections - Longer	(no change)	2.5%	2.5%
Building Permits (MoM)	Bullish change	1.443M	1.543M
Housing Starts (MoM)	Bearish change	1.447M	1.283M
Michigan Consumer Sentiment Index	Bearish change	69.5	67.7
UoM 5-year Consumer Inflation Expectation	Bearish change	3%	2.7%
Industrial Production (MoM)	Bearish change	0.7%	0.4%
NY Empire State Manufacturing Index	Bullish change	-19	1.9
Initial Jobless Claims	Bearish change	217K	220K
Producer Price Index (MoM)	Bullish change	0.4%	0.7%
Producer Price Index (YoY)	Bullish change	0.8%	1.6%
Producer Price Index ex Food & Energy (MoM)	Bearish change	0.4%	0.2%
Producer Price Index ex Food & Energy (YoY)	Bearish change	2.4%	2.2%
Retail Sales (MoM)	Bullish change	0.5%	0.6%
Retail Sales Control Group	Bearish change	0.7%	0.1%
Retail Sales ex Autos (MoM)	Bearish change	0.7%	0.6%
Monthly Budget Statement	Bullish change	$-221B	$89B
Consumer Price Index (MoM)	Bullish change	0.2%	0.6%
Consumer Price Index (YoY)	Bullish change	3.2%	3.7%
Consumer Price Index ex Food & Energy (MoM)	Bullish change	0.2%	0.3%
Consumer Price Index ex Food & Energy (YoY)	Bearish change	4.7%	4.3%

About Chicago Purchasing Managers' Index

Country:	United States
Currency:	USD
Source:	ISM-Chicago
Category:	Economic Activity
Frequency:	Monthly

Related events

	Australia		Gross Domestic Product (QoQ)
	Canada		Gross Domestic Product Annualized
	Switzerland		Gross Domestic Product s.a. (QoQ)
	China		Non-Manufacturing PMI
	China		Gross Domestic Product (YoY)
	China		Gross Domestic Product (QoQ)
	China		NBS Manufacturing PMI
	Germany		Gross Domestic Product (QoQ)
	Eurozone		Gross Domestic Product s.a. (YoY)
	Eurozone		Gross Domestic Product s.a. (QoQ)
	Eurozone		S&P Global Composite PMI
	Japan		Gross Domestic Product (QoQ)
	Japan		Tankan Large Manufacturing Index
	New Zealand		Gross Domestic Product (YoY)
	New Zealand		Gross Domestic Product (QoQ)
	United Kingdom		S&P Global/CIPS Services PMI
	United Kingdom		Gross Domestic Product (QoQ)
	United States		ISM Manufacturing PMI
	United States		Gross Domestic Product Annualized
	United States		Nondefense Capital Goods Orders ex Aircraft
	United States		ISM Services PMI
	United States		Durable Goods Orders
	Australia		National Australia Bank's Business Confidence (QoQ)
	Australia		S&P Global Services PMI
	Australia		AiG Performance of Mfg Index
	Australia		AiG Industry Index
	Australia		Gross Domestic Product (YoY)
	Canada		Bank of Canada Business Outlook Survey
	Canada		Gross Domestic Product (MoM)
	Canada		Ivey Purchasing Managers Index
	Canada		Ivey Purchasing Managers Index s.a
	Canada		Gross Domestic Product (QoQ)
	Canada		S&P Global Manufacturing PMI
	Switzerland		KOF Leading Indicator
	Switzerland		Industrial Production (YoY)
	Switzerland		Gross Domestic Product (YoY)
	Switzerland		ZEW Survey – Expectations
	China		Industrial Production (YoY)
	China		Caixin Services PMI
	China		Caixin Manufacturing PMI
	Germany		ZEW Survey – Economic Sentiment
	Germany		IFO – Current Assessment
	Germany		S&P Global/BME Manufacturing PMI
	Germany		IFO – Expectations
	Germany		S&P Global/BME Composite PMI
	Germany		ZEW Survey – Current Situation
	Germany		IFO – Business Climate
	Germany		Gross Domestic Product w.d.a (YoY)
	Germany		Gross Domestic Product (YoY)
	Germany		Factory Orders s.a. (MoM)
	Eurozone		ZEW Survey – Economic Sentiment
	Eurozone		S&P Global Manufacturing PMI
	Eurozone		S&P Global Services PMI
	Eurozone		Industrial Production s.a. (MoM)
	Eurozone		Business Climate
	Spain		S&P Global Services PMI
	Spain		S&P Global Manufacturing PMI
	France		Gross Domestic Product (QoQ)
	Italy		Gross Domestic Product (YoY)
	Italy		S&P Global Manufacturing PMI
	Italy		Gross Domestic Product (QoQ)
	Italy		S&P Global Services PMI
	Japan		Tankan Large All Industry Capex
	Japan		Tankan Large Manufacturing Outlook
	Japan		Industrial Production (YoY)
	Japan		Gross Domestic Product Annualized
	Japan		Industrial Production (MoM)
	New Zealand		Business NZ PMI
	New Zealand		NZIER Business Confidence (QoQ)
	Poland		Purchasing Manager Index
	United Kingdom		Manufacturing Production (MoM)
	United Kingdom		S&P Global/CIPS Composite PMI
	United Kingdom		Manufacturing Production (YoY)
	United Kingdom		Gross Domestic Product (MoM)
	United Kingdom		Industrial Production (MoM)
	United Kingdom		Gross Domestic Product (YoY)
	United Kingdom		NIESR GDP Estimate (3M)
	United Kingdom		S&P Global/CIPS Manufacturing PMI
	United States		Durable Goods Orders ex Defense
	United States		S&P Global Manufacturing PMI
	United States		S&P Global Services PMI
	United States		Chicago Fed National Activity Index
	United States		Factory Orders (MoM)
	United States		ISM Services New Orders Index
	United States		ISM Manufacturing New Orders Index
	United States		Philadelphia Fed Manufacturing Survey
	United States		S&P Global Composite PMI
	United States		Durable Goods Orders ex Transportation
	United States		Gross Domestic Product Price Index

Calendar - Chicago Purchasing Managers' Index - United States

Chicago Purchasing Managers' Index

Most recent - Thursday 31 August 2023 13:45

Next event - Friday 29 September 2023 13:45

Trading range

Trading range after each Chicago Purchasing Managers' Index event

Forecast history

Past events

Economic context

About Chicago Purchasing Managers' Index

Related events