Preliminary Index Evaluating Economic Activity in the US Manufacturing Sector
United States| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The preliminary Manufacturing Purchasing Managers' Index (PMI) is an indicator used to evaluate economic activity in the U.S. manufacturing sector. This data is released monthly by IHS Markit and is calculated based on data collected from purchasing managers within companies.
The PMI is based on components such as new orders, production, employment, and inventories, with 50 as the baseline. A reading above 50 indicates economic expansion, while a reading below 50 indicates economic contraction. The preliminary PMI provides an early estimate, helping to capture the initial economic trends.
This data serves as a reference for policymakers to assess the current economic situation and formulate appropriate economic policies. Additionally, it is an important information source for businesses and investors to understand economic trends and make economic forecasts.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
