Ivan Chua
@ivanchua.bsky.social
Personal notes on investing, economics, technology and US-China competition. Views expressed are my own; not financial advice.
📍 Sydney, Australia
📍 Sydney, Australia
PMI is an index from 0 to 100 which indicates whether the manufacturing sector is expanding (>50), contracting (<50) or has no change (=50). Because PMI’s are based on surveys, it can be seen as a leading indicator of economic conditions.
July 3, 2023 at 8:08 AM
PMI is an index from 0 to 100 which indicates whether the manufacturing sector is expanding (>50), contracting (<50) or has no change (=50). Because PMI’s are based on surveys, it can be seen as a leading indicator of economic conditions.