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PMI

Page history last edited by PBworks 11 years, 8 months ago

 Purchasing Managers Index

 

from the wall street journal and the institute of supply managment (http://www.ism.ws )

 

measures the rise and fall of manufacturing in the USA

 

leading indicator of economic activity

 

PMI > 44.5% means GDP is expanding

PMI < 44.5%  means coming recession

 

see:  economic indicator

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