Chicago PMI


Index that is read on a monthly basis to gauge how manufacturing activity is performing. This index is a true snapshot of how manufacturing and corresponding businesses are performing for a given month. A reading of 50 or above is considered a positive reading. Anything below 50 is considered to indicate a decline in activity. Readings of the index have the ability to shift the day's trading session one way or another based on the results.

Use Chicago PMI in a sentence

You should try and follow the chicago PMI so that you can see if there may be any changes in the market coming.

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The Chicago PMI was referenced during the meeting regarding the production of the manufacturing arm of the multi national company.

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The numbers from the Chicago PMI came in well above what many had expected, and the buzz was in the office regarding possible investment plays we could make to maximize our leverage in the market.

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