What is PMI Data? (Purchasing Managers' Index) | Economic Data Explained

PMI (Purchasing Managers' Index) is one of the most important monthly releases. It's one of the few data points that can be used to predict changes in GDP and contraction or expansion of an economy.

🔥 LEARN HOW I TRADE (FREE):
I’ll send you weekly emails with breakdowns of my trades, insights from my research and experience in the markets, and exclusive trading lessons - and yes, it’s free!

#EconomicData #

[cptseagull]

As a market analyst with roughly 15 years’ experience in markets, a big thumbs up from me. Great work!

[paulhart]

Tremendously useful information. It’s a shame there are so few views

[gotraderpros]

Can you use this for inflation? Or just use this for GDP?

[emmanuelpregnolato]

Is there a threshold to signal a buying opportunity, like at 42?

[QuangNguyen-ftem]

I would like to ask that why they use 50 for the baseline?

[journaltrade]

Thank you for this information. Can i ask, If the PMI is above 50 is if good or bad for stock and currency?

[MarcellaRomero-vszv]

Thompson Barbara Johnson Amy Anderson Christopher