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Purchasing Managers Index: Why is PMI important for the economy

What is the Purchasing Managers’ Index (PMI) The Purchasing Managers’ Index (PMI) is an economic indicator that measures the health of a country’s manufacturing sector. It is based on a survey of purchasing managers in the manufacturing industry and provides valuable insight into the state of the economy. The PMI is considered a leading indicator, Continue Reading
Written on April 18, 2023 at 8:47 am
Categories: Learn
Industrial Production Index (IPI): How to calculate the IPI

What Is the Industrial Production Index (IPI)? The Industrial Production Index (IPI) is an economic indicator that measures the production output of the industrial sector of a country. It includes the manufacturing, mining, and electric and gas utilities sectors. The IPI provides insight into the health of the economy and is used by policymakers, investors, Continue Reading
Written on April 18, 2023 at 8:34 am
Categories: Learn
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