US Chicago PMI for September: Signs of Economic Slowdown

The Chicago branch of the Institute for Supply Management released the September 2025 Chicago Purchasing Managers’ Index (PMI) on September 30, 2025. The reported value was 40.6, compared to a forecast of 43 and a previous reading of 41.5.This index serves as a key barometer of overall manufacturing conditions, covering production, new orders, prices, employment, and deliveries. The Chicago PMI is typically published ahead of the national PMI, and market participants often use its performance to anticipate broader national trends. Notably, when the index falls below 50%, and especially approaches the 40% level, it can trigger concerns about an economic recession.This data release carries a level 3 significance and is calculated based on surveys conducted among Chicago purchasing managers. The index is published monthly, with the next release scheduled for October 31, 2025.

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