Preliminary Comprehensive Economic Activity Index in the US
United States| Date | Value | ||
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| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
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| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The preliminary value of the Composite Purchasing Managers' Index (PMI) is a comprehensive indicator that evaluates the economic activity of both the manufacturing and services sectors in the United States. This data is released monthly by IHS Markit and is calculated based on data collected from purchasing managers at various companies.
The PMI is computed based on several components including new orders, production, employment, and inventories. A PMI above 50 indicates economic expansion, while a PMI below 50 indicates economic contraction. The preliminary value is an initial estimate that helps in understanding the early trends in the economy.
This data is crucial for policymakers to assess the current state of the economy and formulate appropriate economic policies. Additionally, it serves as an important source of information for businesses and investors to understand economic trends and make informed forecasts.
| Date | Value | Related Instruments Price Volatility | ||||||||
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| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
