US Flash Manufacturing PMI
Track the US Flash Manufacturing PMI for early insights into American manufacturing conditions and USD market impact.
Overview
This serves as a primary indicator of US economic health, as businesses respond swiftly to market dynamics. Purchasing managers possess some of the most timely and relevant insights regarding their companies’ economic outlook. The Flash release is published about a week before the final PMI and tends to have the most market impact.
Key Information
What it Measures
Level of a diffusion index based on surveyed purchasing managers in the manufacturing sector.
Usual Effect
When the 'Actual' figure exceeds the 'Forecast', it typically has a positive effect on the currency.
Source & Frequency
S&P Global (latest release) - https://www.pmi.spglobal.com/ • Released monthly, roughly three weeks into the current month.
How Data is Derived
Survey of purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories
Also Known As
N/A
Acronym
Purchasing Managers' Index (PMI)