2017 Economic Calendar
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Today's Calendar   |   

PMI Composite Flash  
Released On 3/24/2017 9:45:00 AM For Mar, 2017
ConsensusConsensus RangeActual
Composite – Level54.3 53.5  to 54.5 53.2 
Manufacturing – Level54.6 54.2  to 56.0 53.4 
Services — Level54.0 53.4  to 54.2 52.9 

Recent History Of This Indicator
In line with significant strength in the Empire State and Philly Fed reports, the PMI manufacturing flash for March is expected to move a solid 4 tenths higher, to a consensus 54.6 vs a final February reading of 54.2. The PMI services flash is also expected to rise but only incrementally, to 54.0 vs 53.8 in Final February. The PMI composite flash for March will also be posted with this release with the consensus at 54.3.

Definition
The flash Composite Purchasing Managers' Index (PMI) provides an early estimate of current private sector output by combining information obtained from surveys of around 1,000 manufacturing and service sector companies. The flash data are released around 10 days ahead of the final report and are typically based upon around 85 percent of the full survey sample. Results are synthesized into a single index which can range between zero and 100. A reading above (below) 50 signals rising (falling) output versus the previous month and the closer to 100 (zero) the faster is output growing (contracting). The report also contains flash estimates of the manufacturing and services PMIs. The data are produced by Markit.  Why Investors Care
 

2017 Release Schedule
Released On: 3/244/215/246/237/248/249/2210/2411/24
Release For: MarAprMayJunJulAugSepOctNov
 


powered by  [Econoday]