2017 Economic Calendar
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PMI Composite Flash  
Released On 7/24/2017 9:45:00 AM For Jul, 2017
PriorConsensusConsensus Range
Composite – Level53.0 53.2 52.7  to 54.1 
Manufacturing – Level52.1 52.0 51.5  to 52.3 
Services — Level53.0 54.1 52.8  to 54.4 

Recent History Of This Indicator
The PMI composite is expected to slow to what would be a still constructive 53.2 in the July flash from 53.9 in June. Slight slowing is expected for the manufacturing and services flashes, at a respective consensus calls of 52.0 and 54.1. Services have offered the best news with new orders and employment solid and optimism on the outlook positive.

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: 3/244/215/236/237/248/249/2210/2411/24
Release For: MarAprMayJunJulAugSepOctNov
 


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