october, 2019
Event Details
What is this event? It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant
Event Details
What is this event?
It’s a leading indicator of economic health – businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company’s view of the economy.
Measures
Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.
Effect on Currency
‘Actual’ greater than ‘Forecast’ is good for the currency.
Frequency of event
Released monthly, around 3 weeks into the current month.
Source of Data
Time
(Thursday) 1:45 pm - 1:45 pm

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