Chicago PMI
a.k.a. Chicago Business Barometer
A monthly survey of business activity in the Chicago region, released just before the national ISM…
In plain English
A monthly survey of business activity in the Chicago region, released just before the national ISM manufacturing report.
The Chicago PMI (officially the Chicago Business Barometer) asks purchasing managers in the Chicago area about orders, production, jobs and prices. Above 50 means expansion.
It lands at the end of the month, a day or so before the national ISM Manufacturing PMI, so traders use it as a hint.
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