Institute for Supply Management (ISM)

Economic Indicators

Chicago Business Barometer - "The Chicago Business BarometerTM is a weighted composite indicator made up of five sub-indicators, namely New Orders, Production, Employment, Order Backlogs and Supplier Deliveries. It is designed to predict future changes in gross domestic product (GDP). Survey data is collected online each month from manufacturing and non-manufacturing firms in the Chicago area. Respondents are purchasing/supply-chain professionals, primarily drawn from the membership of the ISM-Chicago (Institute for Supply Management – Chicago)." (Updated monthly)

ISM Manufacturing Report On Business - "The ISM Manufacturing Report On Business® is so highly respected because it is based on hard data, not conjecture. The Institute's Business Survey Committee, a group made up of more than 800 purchasing and supply executives from across the country, provides the data. Members of the committee respond confidentially to a monthly questionnaire about changes in production, new orders, new export orders, imports, employment, inventories, prices, lead times, and the timeliness of supplier deliveries in their companies comparing the current month to the previous month. The questionnaire also solicits data on commodities, which are up or down in price and in short supply, and asks for general remarks on business conditions. The responses of the committee members mirror the economic activities of the manufacturing sector, nationally, ensuring a report that accurately represents current business conditions." (Updated monthly, 1st business day)

Non-Manufacturing Report On Business - "ISM introduced its Non-Manufacturing Report On Business® in June of 1998. The report is released on the third business day of each month, and is based on data compiled from monthly surveys sent to more than 800 purchasing executives working in the non-manufacturing industries across the country. Each month, these survey responses reflect change, if any, in the current month's report compared to the previous month. The report covers Business Activity, New Orders, Backlog of Orders, New Export Orders, Inventory Change, Inventory Sentiment, Imports, Prices, Employment and Supplier Deliveries." (Updated monthly, 3rd business day)

Other Reports

Semi-Annual Economic Forecast - "ISM’s Business Survey Committee compiles member views regarding the general business outlook for the upcoming six to eight months in the Semi-Annual Economic Forecast, released in December and May of each year." (Updated semi-annually)

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