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Index Indicating Chicago Area Sentiment in the US

Country:
USDUnited States
Importance:
★★
Data Trends
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DateValue
ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About Index Indicating Chicago Area Sentiment in the US

The Chicago Purchasing Managers' Index is an indicator used to assess the economic activity of both manufacturing and non-manufacturing sectors in the Chicago area of the United States. Published monthly by the Chicago Purchasing Managers Association (CPMA), this data is derived from a survey conducted among purchasing managers.

The index uses 50 as a baseline; readings above 50 indicate expansion of economic activities, while readings below 50 indicate contraction. The Chicago Purchasing Managers' Index is a crucial measure for understanding the trends in both manufacturing and non-manufacturing sectors and is considered a leading indicator of the U.S. economy.

This data serves as a valuable reference for policymakers to assess regional economic trends and to formulate appropriate economic policies. It is also an essential source of information for businesses and investors to gauge regional economic dynamics and project economic outlooks.

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