)Measures Level of a diffusion inde

)
Measures Level of a diffusion index based on surveyed purchasing managers;
Usual Effect Actual > Forecast = Good for currency;
Frequency Released monthly, about 5 days after the month ends;
FF Notes Above 50.0 indicates industry expansion, below indicates contraction. Source changed series from non-seasonally adjusted to seasonally adjusted as of Mar 2011;
Why Traders
Care It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;
Derived Via Survey of about 175 purchasing managers, selected geographically and by sector of activity to match the economy as a whole, which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories;
Acro Expand Purchasing Managers' Index (PMI);
History Actual Forecast Previous
Nov 5, 2015 53.1 54.0 53.7
Oct 6, 2015 53.7 54.1 58.0
Sep 4, 2015 58.0 53.5 52.9
Aug 7, 2015 52.9 51.8 55.9
Jul 6, 2015 55.9 56.2 62.3
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