2018 Economic Calendar
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Today's Calendar   |   

PMI Composite Flash  
Released On 2/21/2018 9:45:00 AM For Feb, 2018
PriorConsensusConsensus Range
Composite – Level53.8 54.0 51.9  to 54.1 
Manufacturing – Level55.5 55.0 53.6  to 55.7 
Services — Level53.3 53.5 51.4  to 53.7 

Recent History Of This Indicator
Services were behind January's slowing in the PMI composite but even here production was still solid. The consensus for February's composite is 54.0 vs 53.8 in January with February services seen at 53.5 and manufacturing at 55.0.

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
 

2018 Release Schedule
Released On: 1/242/213/224/235/236/227/248/239/2110/2411/23
Release For: JanFebMarAprMayJunJulAugSepOctNov
 


powered by  [Econoday]