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Page history last edited by PBworks 12 years, 4 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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