Revised Index Evaluating Economic Activity in the US Manufacturing Sector
United States| Date | Value | ||
|---|---|---|---|
| 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 revised Manufacturing Purchasing Managers' Index (PMI) is an indicator used to assess economic activity in the U.S. manufacturing sector. This data is released monthly by IHS Markit and represents the final figures adjusted from the preliminary estimates.
The PMI is calculated based on components such as new orders, production, employment, and inventories, using 50 as the baseline. A reading above 50 indicates economic expansion, while a reading below 50 indicates economic contraction. The revised PMI reflects more accurate economic conditions as it is based on data collected from purchasing managers, providing a more precise picture than the preliminary figures.
This data serves as a reference for policymakers to evaluate the current economic situation and formulate appropriate economic policies. Additionally, it is a crucial 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 | ||
