ATR-Forex.com Advanced Trading Resources |
|
|
|
Forex Glossary Index: A | B | C | D | E | F | G | H | I | K | L | M | N | O | P | Q | R | S | T | U | V | W | Y
Purchasing Managers' Index (PMI)Purchasing Managers' Index (PMI) is an economic indicator for measuring the level of manufacturing activities in a country or territory. Normally issued monthly, it is composed from surveys of purchasing managers on production, new orders, employment, inventories, prices, supplier deliveries, backlogs and so on. Sometimes purchasing managers' Index is further decomposed into Manufacturing Purchasing Managers' Index and Service Purchasing Managers' Index. PMI is used as an important economic indicator in countries such as the United States, Germany, and Canada. The PMI for the United States is often referred to as “Chicago PMI,” while for Canada it is the the Ivey Purchasing Manager's Index (PMI). Purchasing Managers' Index is often considered as a leading economic indicator by forex traders for gauging the general economic condition associated with a currency.
A | B | C | D | E | F | G | H | I | K | L | M | N | O | P | Q | R | S | T | U | V | W | Y |
| ©2008-2013 ATR-Forex.com. All Rights Reserved. | Home | About Us | Advertising | Site Map | Contact Us | Disclaimer | Risk Warning |