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.
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[@cptseagull]

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

[@marketsmapped]

Thanks Stevo!
~ Nicholas

[@muhammadayman7934]

hi mate I’m a 18-year-old going into uni what advice do you think you can give?

[@Attitude-royale]

Thanks. You break this down well.

[@paulhart7739]

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

[@REAL-rd4wy]

because we are the ones who win

[@Herabdslem]

thank you for this content

[@GQ-jv9uw]

Super great video

[@NS-uu4no]

תודה!

[@gotraderpros]

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

[@emmanuelpregnolato5026]

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

[@QuangNguyen-ft6em]

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

[@zundance.]

👌🏻

[@user-fn3qf6hm3n]

☝🏻

[@mostafasaadinasab7284]

#data center

[@journaltrade1540]

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

[@marcel5125]

Bad

[@user-jl3yd7jx8q]

above 50 means expansion below 50 extraction. when it is expanding there is more job therefore more money in circle and more aggregate demand.