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Chicago Business Barometer™ & Research

Monthly Survey - Chicago Business Barometer™ 

The ISM Chicago Business Survey, is a regional view of the national economy; is a time-tested, market-moving report.  The Chicago Report™ is available to subscribers on the last working day each month.   The Chicago Business Barometer™ summarizes  current Business Activity.  The Barometer is considered to be a leading indicator of the U.S.A. economy.

For more than seven decades, the Chicago Business Barometer™ has been providing leading insight on the U.S. economy.  The Chicago Business Barometer™ is delivered to subscribers via the MNI Chicago Report™, a monthly report published by MNI Indicators that presents valuable information on the U.S. economic activity and a fresh look at current U.S. business conditions.  The report consists of seven Business Activity indicators and three Buying Policy indicators that represent activity and preformance levels compared to the prior month.

Purchasing and Supply Management professionals in the Chicago area, primarily members of ISM Chicago, are polled to assess business conditions for their respective companies every month.

For more information about the Chicago Business Barometer™ and MNI Indicators products, please contact cbb@ism-chicago.org.

Periodically, ISM Chicago may invite our members and community to participate in additional research. 

 

 

July - Chicago Business Barometer™

08/09/2022

Chicago Business Barometer™ slid further in July, extending June's decline.  The indicator fell 3.9 points to 52.1, the lowest level since August 2020.

All main indicators decreased except for prices paid and employment, the latter of which hit the highest level since October 2021.

    

Press Release

 

Want to Improve Your Talent Pool?  Invest Meaningfully in Your Community.

 

8/09/2022

Talent is key for an organization.  Finding new ways to attract and retain talent should be a core strategy.  We need to invest in our local community, to maintain a quality and vibrate workforce. 

Relationships need to be built starting with the schools, students and community.  Invest and recognize your people.  Look at relationships for the long-term.

Full Story: Industry Week 24/7 (7/28)

  

View Article

 

 

 

 

7 Strategies for Growing Your Business When Supply Chain Distruptions are Everywhere

 

7/19/2022

Inventory and shipping delays do not mean the end of your business.  Now is the time to move forward.  Review your procedures and communication plans to keep your operations flowing.

Rethink your inventory, to ways to communicate with your teams.  Now may be the time to relax and give people time away.

 

Full Story: Entrepreneur (7/7)

  

View Article

July Special Question

Chicago Business Barometer July's special question asked firms again whether they were managing to pass higher cost of doing business on.

See breakout of responses in graph.