IPFS News Link • Economy - International
GLOBAL PMI DAY...
• http://www.businessinsider.com, Rob Wile
At the beginning of each month, Markit, HSBC, RBC, JP Morgan, and other data gathering institutions publish the latest local readings of the purchasing managers index (PMI). Each reading is based on surveys of hundreds of companies in each country.
As a general rule, manufacturing PMI™ surveys are always released on the first working day of each month, construction PMIs on the second working day and services PMIs on the third working day.