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 ?
Manufacturing Purchasing Managers Index reports that domestic demand drove new business growth, as new export orders rose only marginally, and at the weakest rate since October.
In November, the UniCredit Bank Austria Purchasing Managers Index rose again for the first time in three months, reaching a high of 54.9 points.
The headline Purchasing Managers Index (PMI) score for May was 56.5 from 55.1 in April.
The US non-manufacturing purchasing managers index reading for August was 51.4 versus July's 55.5.
The purchasing managers index (PMI) dropped from 47.8 in July to 47.3
The HSBC Egypt Purchasing Managers Index edged up to 49.8 in April, almost touching the 50 mark, above which signals growth in activity.
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 HSBC/Markit purchasing managers index for the services industry was at 47.1 in October from 44.6 in September.
HSBC's monthly purchasing managers index fell to 49.2 in May.
economic outlook following the release of a weaker-than-expected Chicago-area purchasing managers index for April, brokers said.
Both European and UK manufacturing PMI (Purchasing Managers Index) data fell short of expectations with the second steepest decline in UK manufacturing in the 20-year history of the index.
Also, the Chicago purchasing managers index dropped to 52.7 last month from 56.2; economists were expecting an increase to 56.8.

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