APICS Business Outlook Index

APICS Business Outlook Index

An index gauging sentiment in manufacturing. An index value above 50 indicates that the manufacturing industry is expanding while a measure below 50 indicates contraction. It is published monthly by the Association for Operations Management. See also: PMI.
References in periodicals archive ?
29, 1995--July's strong gain in new and unfilled orders halted this month, reported the August APICS Business Outlook Index.
BUSINESS WIRE)--May 31, 1995--Although April showed a sharp decline in manufacturing activity, May's APICS Business Outlook Index indicates that the downward trend may have stabilized for the next three months--making a recession unlikely.