Chicago-area business activity cooled to 55.3 in October from 58.8, below forecasts, yet the index stayed above 50, the line between growth and decline.
The industrial activity index of the Chicago region measured by the Institute for Offer Management (ISM) fell to 55.3 points in October, from 58.8 in September. The result was below the average estimate of a group of market analysts, which was 56. The indicator was above the mark of 50 points. Below this level, it indicates contraction of economic activity and above, it means expansion.
(Teleborsa) - More than expected manufacturing activity in the Chicago area. In October 2026, the Chicago SME index stood at 55.3 points compared to 58.8 points in the previous month.