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| author | nic <ra@afu.re> | 2024-07-30 20:59:01 -0400 |
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| committer | nic <ra@afu.re> | 2024-07-30 20:59:01 -0400 |
| commit | fe03dae84f6574753d7bea850438b32f6cfb79b0 (patch) | |
| tree | 74fd6668c87835e3edfc1aed03809ce77ee1d179 /Finance/Fundamentals/ISM Purshasing Manager Index (PMI).md | |
| parent | 973b079c7dded19fcf84f600c9dc230dc110503d (diff) | |
Auto from nzxt - Tue 30 Jul 2024 08:59:01 PM EDT
Diffstat (limited to 'Finance/Fundamentals/ISM Purshasing Manager Index (PMI).md')
| -rw-r--r-- | Finance/Fundamentals/ISM Purshasing Manager Index (PMI).md | 31 |
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diff --git a/Finance/Fundamentals/ISM Purshasing Manager Index (PMI).md b/Finance/Fundamentals/ISM Purshasing Manager Index (PMI).md new file mode 100644 index 0000000..f904c69 --- /dev/null +++ b/Finance/Fundamentals/ISM Purshasing Manager Index (PMI).md @@ -0,0 +1,31 @@ + +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. |