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. 

 


 

April - Chicago Business Barometer

The Chicago Business Barometer descended 3.5 points to 37.9  in April.  This is the fifth consecutive monthly fall, pushing the index to its lowest levels since November 2022.  

Four out of five subcomponents fell, with the move driven lower signficantly by falls in New Orders, Production, Employment, and to a lesser extent Supplier Deliveries, whilst Order Backlogs offset some of this differentiation.

Employment lowest since February 2023.  New Orders dropped to November 2022 levels.

A special question in April asked: Looking ahead which of the following potential disruptions are you most concern about?  Top two responses were 36% Geopolitical Conflicts, and tied for second were 20% each for Cyber Attacks and Supply Shortages.  

 

Released April 30, 2024.

    

Press Release


 

Digital Transformation in Supply Chain Management: Leveraging Technology for Efficiency and Resilience  

 

Leveraging advanced technologies can optimize operations, improve decision-making and fortify supply chains against disruptions. 

 

Full Story: Supply Chain Connect (5/21)

  

View Article

 

 

 

Exploring Legal Tech in AI

 

Key Quote - "Just make sure a human checks the work."

AI in legal tech gives legal teams across the globe the ability to automate tedious tasks like research, writing, and reviewing documents. 

Full Story: LINKSQUARES (5/24) 

View Article

Special Question - April

A special question in April asked: Looking ahead which of the following potential disruptions are you most concerned about?

See breakout of responses in graph.