Chicago Business Barometer™ & Research

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 martindanielb@yahoo.com.

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

March - Chicago Business Barometer^™

The Chicago Business Barometer^™ advanced 2.1 points to 47.6 in March. This is the third consecutive monthly gain, taking the index to the highest level since November 2023, though it remains in contractionary territory for the sixteenth successive month.

The increase was largely driven by a rise in Production, with smaller increases in Employment, Order Backlogs and New Orders also contributing whilst Supplier Deliveries declined.

March special question asked: "With potential tariff increases in the coming months, is your business taking any of the following precautions/considerations?" Majority 35% answered "Increasing Prices", 25% responded "Considering New Suppliers" and "Increasing Inventories", with 18% of respondents reporting "Looking into On-Shoring". 4% of respondents also reported "Increasing Employment Levels" and "Other".

Released March 31, 2025.

Read the Press Release

In Times of Uncertainty, Bet on Your People and Innovate

Focus on these four things to survive chaotic times.

In uncertain economic times and disruption caused by new technologies such as AI, research shows that's when companies should double down on upskilling and training their workforce, look for ways to innovate and engage in scenario planning to prepare for industry shifts, writes Raghu Krishnaiah, the chief operating officer at University of Phoenix. "Companies that prepare for multiple scenarios will fare better than those that simple wait to react," writes Krishnaiah.

Full Story: Chief Executive (03/21)

Gartner Asks: How Can We Secure a Supply Chain Network?

Gartner's '12 Keys to Securing the Supply Chain Network' research highlights the need for a risk-balanced approached to supply chain resilience

Gartner has released a report identifying 12 steps for delivering supply chain resilience and continuity through strategies like multi-sourcing and supplier diversification. "As the supply chain landscape continues to evolve, it has become increasingly important for supply chain leaders to focus on building resilience or redundancy, " writes Gartner's Ronak Gohel.

Full Story: Supply Chain Digitial (03/18)

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