Estados Unidos PMI Chicago

The Chicago Business Barometer, also known as the Chicago PMI, rose to 46.1 in August 2024, up from 45.3 in the prior month and surpassing market estimates of 45.5. The latest reading still shows a significant decline in Chicago's economic activity for the ninth consecutive month, although it remains comfortably above the year-to-date average of 42.9. The marginal upward movement was driven by new orders, followed by production and supplier deliveries. Meanwhile, small reductions in order backlogs and employment capped the upside move.