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 ?
The US non-manufacturing purchasing managers index reading for August was 51.
The HSBC Egypt Purchasing Managers Index edged up to 49.
Summary: The Lebanese private sector saw a slight decline in December, the BLOM Purchasing Managers Index showed, as Lebanese companies scaled back production and reduced their employment levels.
The official purchasing managers index (PMI) came in at 51.
The HSBC/Markit purchasing managers index for the services industry was at 47.
HSBC's monthly purchasing managers index fell to 49.
economic outlook following the release of a weaker-than-expected Chicago-area purchasing managers index for April, brokers said.
Also, the Chicago purchasing managers index dropped to 52.
According to the HSBC Purchasing Managers Index (PMI) data, HSBC Services Business Activity Index was 52.
Markit and CIPS said the services Purchasing Managers Index (PMI) rose to 53.
The sector notched up its 68th month of growth in a row in September, according to the Chartered Institute of Purchasing and Supply's construction purchasing managers index.
The Danish purchase and logistics lobby Dilf reportedly said on Monday (2 August) that Denmark's purchasing managers index (PMI) had increased to 58.

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