2017 Economic Calendar
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PMI Composite Flash  
Released On 8/23/2017 9:45:00 AM For Aug, 2017
PriorConsensusConsensus Range
Composite – Level54.2 54.3 53.6  to 55.0 
Manufacturing – Level53.2 53.2 52.9  to 55.0 
Services — Level54.2 54.8 53.8  to 55.7 

Recent History Of This Indicator
Markit Economics' set of U..S. indicators is expected to show moderate but still constructive growth with services continuing to outpace manufacturing. The consensus for the PMI composite August flash is 54.3 with PMI manufacturing at 53.2 and PMI services at 54.8, all little or no changed from recent readings.

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: 3/244/215/236/237/248/239/2210/2411/24
Release For: MarAprMayJunJulAugSepOctNov
 


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