diff options
Diffstat (limited to 'Finance/ISM Purshasing Manager Index (PMI).md')
| -rw-r--r-- | Finance/ISM Purshasing Manager Index (PMI).md | 31 |
1 files changed, 0 insertions, 31 deletions
diff --git a/Finance/ISM Purshasing Manager Index (PMI).md b/Finance/ISM Purshasing Manager Index (PMI).md deleted file mode 100644 index f904c69..0000000 --- a/Finance/ISM Purshasing Manager Index (PMI).md +++ /dev/null @@ -1,31 +0,0 @@ - -PMI = (P1 x 1) + (P2 x 0.5) + (P3 x 0) - -Where: -- P1 = % of answers reporting improvements -- P2 = % of answers reporting no change -- P3 = % of answers reporting a deterioartion - -The PMI is based on a survey of supply chain managers, the survey ask if during last month business was the same, better or worse in 5 sectors. - - | Surveys | Weight | - | Production Levels | 20% | - | New Orders | 20% | - | Employement Levels | 20% | - | Supplier Deliveries | 20% | - | Inventories | 20% | - | PMI | 100% | - - -# How to follow the PMI # - -- PMI above 50 and growing Long (Strong) bias -- PMI above 50 and slowing Long (Weak) bias -- PMI below 50 and slowing Short (Strong) bias -- PMI below 50 and growing Short (Weak) bias -- PMI peak above 50 Short (Weak) bias -- PMI peak below 50 Long (Weak) bias - - -Source: -The Institute of supply management (ISM) release its PMI on the 1st business day of each month. |