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

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



April - Chicago Business Barometer


Chicago Business Barometer dipped to 56.4 in April, reversing last month's gain to 62.9.  New Orders saw the largest decline dropping 10.8 points, a post June-2020 low. 

The Ukraine war was sited as inflating steel, plastics and lumber costs.    

Press Release


Fed's Barkin Wants to Hike "As Fast As Feasible"



Richmond Federal Reserve Bank Chairman Thomas Barkin speaks excusively to MNI about the prospect for further interest rate hikes, the likely path of inflation and more. 

Demand remains strong.  Market conditions are changing.  Listen to the podcast on future of rising rates, including  Barkin's lessons learned during this period.

Full Podcast: MNI (5/11)


Listen to Podcast





How Technology Can Mitigate Inflation's Impact on Supply Chains



Technology, through its ability to lower operating costs and increase efficiency, can slow or even counter inflation's effects.

Businesses are investing from the kitchen to the front office.  Article gives insights into use of AI/ML, to better utilization of data.

Full Story: Material Handling & Logistics (5/10)


View Article

April Special Question

Chicago Report asked firms whether they had revisited their supply base to map multiple supplier tiers by country / alternative suppliers?  See breakout of responses in graph.