ISM Manufacturing PMI The ISM Manufacturing PMI is a key indicator of business conditions in the US manufacturing sector. It is based on a survey of representatives from over 400 companies, both private and those listed under the North American Industrial Classification System (NAICS). The survey evaluates various aspects such as employment, production levels, inventories, […]
The Preliminary GDP Report The Preliminary Gross Domestic Product (GDP) report is a vital economic indicator that provides an early assessment of a country’s economic activity for a quarter. Here are some critical details: Key Aspects Initial Estimate: The Prelim GDP is the first of three estimates provided by a country’s statistical agency, such as […]
CB Consumer Confidence Index: A Crucial Economic Indicator The Consumer Confidence Index (CCI), published monthly by The Conference Board, serves as a leading indicator of consumer spending, which constitutes a significant portion of overall economic activity. The CCI is derived from a survey conducted by The Conference Board, evaluating individuals’ perceptions of labor markets, consumer […]
The unemployment claims An unemployment claim is a request for cash benefits made by an individual after they have lost their job through no fault of their own. These claims are filed through state governments and provide temporary payments to help individuals while they search for new employment. The Federal Open Market Committee (FOMC) regularly […]
Flash PMI (Purchasing Managers’ Index) The Flash PMI is an early estimate of the PMI, which measures the economic health of the manufacturing and service sectors. It’s based on around 85-90% of the total PMI survey responses each month and provides an advance indication of the final PMI data. For example, the Flash US PMI […]