
Purchasing Managers' Index
Economic indicator

Economic indicator
Purchasing managers' indexes (PMI) are economic indicators derived from monthly surveys of private sector companies. The three principal producers of PMIs are S&P Global (from 2022 merger with IHS Markit), which produces PMIs for over 30 countries worldwide and developed the first service sector PMIs, and the Institute for Supply Management (ISM), which originated the manufacturing surveys produced for the United States. Other producers include the Singapore Institute of Purchasing and Materials Management (SIPMM), which produces the Singapore PMI, Swedbank in Sweden, NBS in mainland China, and Credit Suisse in Switzerland. An official global PMI is produced by S&P Global in association with JPMorgan, the ISM and IFPSM, which also includes detailed sector survey results. Regional headline indicators and detailed sector data are also compiled by S&P Global. The purchasing managers' index (PMI) surveys are compiled on a monthly basis by polling businesses which represent the makeup of the...
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