History of Event Dates | ||||||
---|---|---|---|---|---|---|
Event | Date | Time | For Period |
Currency | Actual | Forecast |
The Chicago PMI, or the Chicago Purchasing Managers' Index, is a monthly economic indicator that measures the level of business activity in the manufacturing sector in the Chicago area.
The Chicago PMI is an important indicator of economic activity because it provides a timely and comprehensive snapshot of conditions in the manufacturing sector, which is a key component of the overall economy. The index is based on a survey of purchasing managers in the Chicago area, who are asked about various factors such as new orders, production levels, employment, inventories, and delivery times. The Chicago PMI is closely watched by investors, economists, and policymakers as a leading indicator of broader economic trends. A reading above 50 indicates expansion in the manufacturing sector, while a reading below 50 indicates contraction. Changes in the index can signal shifts in the overall direction of the economy, and can have an impact on financial markets and business decisions. In addition to its importance as a leading economic indicator, the Chicago PMI is also valuable because it provides detailed information about specific components of the manufacturing sector. This can be useful for businesses and policymakers who are interested in identifying trends and making informed decisions about production, hiring, and investment. Overall, the Chicago PMI is an important tool for understanding the health of the manufacturing sector and the broader economy.
ADP Employment Change |
Average Hourly Earnings |
Average Weekly Hours |
Budget Balance NEXT:11-Dec-2024 |
Building Permits NEXT:18-Dec-2024 |
Business Inventories / Sales Ratio NEXT:17-Dec-2024 |
Business Inventories m/m NEXT:17-Dec-2024 |
Business Inventories y/y NEXT:17-Dec-2024 |
Business Sales m/m NEXT:17-Dec-2024 |
Business Sales y/y NEXT:17-Dec-2024 |
Capacity Utilization Rate m/m NEXT:17-Dec-2024 |
Capital Account Balance NEXT:18-Dec-2024 |
Show All Indicators... |
Note: Stock and option trading involves risk that may not be suitable for all investors. Examples contained within this report are simulated and may have limitations. Average returns and occurrences are calculated from snapshots of market mid-point prices and were not actually executed, so they do not reflect actual trades, fees, or execution costs. This report is for informational purposes only, and is not intended to be a recommendation to buy or sell any security. Neither Market Chameleon nor any other party makes warranties regarding results from its usage. Past performance does not guarantee future results. Please consult a financial advisor before executing any trades.
The information is provided for informational purposes only and should not be construed as investment advice. All stock price information is provided and transmitted as received from independent third-party data sources. The Information should only be used as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments and trading strategies. The Company does not guarantee the accuracy, completeness or timeliness of the Information.