The Chicago Business Barometer jumped to 47.1 in July 2025 from 40.4 in June, beating market expectations of 42 and marking the highest reading since March. Despite the improvement, the index remained below the 50-point threshold for the 20th consecutive month, indicating continued contraction in business activity. The rebound was primarily driven by a sharp increase in new orders, which surged to the highest level in more than three years amid strong regional demand. Meanwhile, employment held steady, and price pressures eased as prices paid declined.