Purchasing Managers’ Index PMI Definition and How It Works
It consists of a diffusion index that summarizes whether market conditions are expanding, staying the same, or contracting as viewed by purchasing managers. The purpose of the PMI is to provide information about current and future business conditions to company decision-makers, analysts, and investors. IHS Markit is known for its expertise in finance, energy and transportation, economics and country risk, aerospace, defense and security, sustainability and supply chain, natural resources,…
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