Markit PMIs – now availableMacrobond now distributes the Markit Purchasing Managers’ Index™ (PMI)™ data
Macrobond is proud to announce that it now distributes the Markit Purchasing Managers’ Index™ (PMI)™ data. The PMIs have been specially developed to provide economic analysts, purchasing professionals, business decision-makers and policy makers with accurate and timely data to help better understand business conditions. In particular:
- central banks in many countries use the data to help make interest rate decisions;
- analysts in the financial markets use PMI™ data to reliably forecast official data such as GDP;
- forecasters and planners in the corporate sector use PMI™ data to help anticipate changing business conditions and to benchmark performance.
The indices are based on monthly questionnaire surveys of carefully selected companies which provide an advance indication of what is really happening in the private sector economy by tracking changes in variables such as output, new orders, stock levels, employment and prices across the manufacturing, construction, retail and service sectors.
Key features of PMI™ data
- All series provide accurate factual data rather than opinion, expectations or confidence measurements.
- Data cover almost all private sector economic activity in many countries (including the all-important service sectors).
- Data are produced using the same methodology in all countries where we operate, enabling accurate international comparisons.
- The flash PMIs further enhance the PMIs’ reputation as the first economic indicators for each month, providing accurate evidence of changing economic conditions well ahead of comparable government statistics.
About Markit Economics
Markit Economics is a specialist compiler of business surveys and economic indices, producing some of the world’s most closely watched economic indicators. Our data include the Purchasing Managers' Index™ (PMI)™ series, which is now available for 32 countries and for key regions including the Eurozone as well as by detailed sector.
PMI data – both the headline and the sub-indices – are the property of Markit and a license is required to store or database any PMI data to reference PMI data in research or in any way reproduce or distribute the data.
To find out about subscription packages please contact Markit on firstname.lastname@example.org.