Purchasing Managers' Index


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Purchasing Managers' Index

An index gauging sentiment in manufacturing. It measures increases and decreases in manufacturing employment, inventories, orders for goods, production, and deliveries. Each component is weighted for importance and seasonality. A PMI above 50 indicates that the manufacturing industry is expanding, while a measure below 50 indicates contraction.
References in periodicals archive ?
32 percent lower on Tuesday, as investors turned cautious following the release of China's purchasing managers' index.
Monday sees the first of the week's Purchasing Managers' Index (PMI) data, for manufacturing - while data from the construction sector follows on Tuesday.
Summary: BLOM Purchasing Managers' Index for the month of June showed some improvement compared to May although the decline in business activity this year remained very slow.
The seasonally-adjusted HSBC UAE Purchasing Managers' Index, which covers manufacturing and services, edged up to 56.
The state-sanctioned purchasing managers' index (PMI) for April held at 50.
The seasonally adjusted SABB HSBC Saudi Arabia Purchasing Managers' Index rose to 60.
The Swiss purchasing managers' index, which gives a snapshot of the health of the manufacturing sector, fell to a seasonally adjusted 48.
The Ulster Bank Construction Purchasing Managers' Index showed activity in the sector has risen for the past 12 months.
A reading of 60 for the Markit/CIPS purchasing managers' index - where 50 separates growth from contraction - represents a slowdown on the rapid pace seen over the winter, including a gure of 62.
The HSBC Services Purchasing Managers' Index ( PMI), compiled by Markit, fell to 46.
Britain's service sector remains robust despite a slight drop in growth for November in comparison to October's multi-year high, according to a UK purchasing managers' index.
The official Purchasing Managers' Index rose to 51 from 50.

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