Manufacturing purchasing managers index us
The Purchasing Managers Index is a diffusion index summarizing economic activity in the manufacturing sector in the US. The index is based on a survey of manufacturing supply executives conducted by the Institute of Supply Management. Participants are asked to gauge activity in a number of categories like new orders, inventories, and production and these sub-indices are then combined to create the PMI. PMI BY IHS MARKIT: Latest PMI releases. Join us at 11:00 (EDT)/16:00 (BST) today for a free 30min webinar where we take a deeper delve into the August PMI numbers and their insight into what's next for the global economy. What is the Purchasing Managers' Index? The Purchasing Managers' Index (PMI) is an index of the prevailing direction of economic trends in the manufacturing and service sectors. It consists of a