Tag: economic indicators

What is the ISM Manufacturing PMI Indicator

What is the ISM Manufacturing PMI Indicator

Economic Indicators
The Institute for Supply Management (ISM) releases a monthly economic report known as the ISM manufacturing Purchase Manager Index (PMI). The ISM manufacturing PMI for short is one of the leading economic indicators which give an early glimpse into the health of the manufacturing sector in the US. The ISM was formerly known as National Association of Purchasing Management (NAPM). The ISM has been conducting its survey since the end of World War II. In this article, you will learn what the ISM manufacturing PMI report is, what the components of the report are, how to read the ISM manufacturing PMI report and how it affects the markets. What is the ISM manufacturing PMI report? The ISM manufacturing PMI is an economic indicator that reports the economic health of the manufacturing secto...
What is the Existing Home Sales Report Index

What is the Existing Home Sales Report Index

Economic Indicators
The Existing Home Sales Report Index, published by the National Association of Realtors is released every month where the results are based on the number of closed sales in the housing market activity. Considered to be a leading economic indicator, the Existing Home Sales Report Index reacts to any changes in the mortgage rates as obvious. Not to be mistaken for sales of new homes, the Existing Home Sales Report Index measures the sales of existing homes only. While calculating the existing home sales, a time period of up to two months is considered, therefore the data published under the Existing Home Sales Report reflects on closed existing home sales prior to two months. The Existing Home sales takes into account these seasonal variations into their monthly reports. The existing home
Ivey Purchasing Managers Index – Canada

Ivey Purchasing Managers Index – Canada

Economic Indicators
The Ivey Purchasing Manager's index is an important economic indicator for Canada and influences the CAD currency against the majors. The Ivey Purchasing Manager's Index, is also refered to as the Ivey PMI which is an economic index to measure the monthly fluctuation in the economic activity made up of a panel of purchase managers across Canada. Influences: CAD. Currency Pairs: USD/CAD Released: Fourth working day of the month The Ivey Purchasing Manager's Index is is published by the Purchasing Management Association of Canada along with the Richard Ivey School of business and is made of 175 participants that includes both the public and private sectors. The Ivey PMI's members indicate whether their organization's activity is higher or lower than the previous across the follow...
Trading the Michigan consumer sentiment report

Trading the Michigan consumer sentiment report

Economic Indicators
The Michigan consumer sentiment report (MCSI), also known as the University of Michigan consumer sentiment report (UM Consumer sentiment report) or Michigan Consumer Sentiment report is an indicator of the consumer confidence on various aspects ranging from personal finance to purchasing power. The UM consumer report is based on telephone surveys and is a front runner to indicate any hints on future interest rate decisions. The UM consumer sentiment report is sampled on a monthly survey of around 500 consumers as compared to the CCI or Consumer Confidence Index extablished by the Conference board. The Michigan Consumer Sentiment is considered to be a leading economic indicator as it can potentially predict the general consumer spending, which plays a major role in the overall economic a...

Explanation of the various economic indicators

Trading Articles
Economic indicators are macro economic data that is used to determine the general condition of a country's economy. The economic indicators, in forex and binary options trading are used by traders in order to discern the health of an economy and forecast changes in the economic cycles. Economic indicators can have a big impact on the financial markets. To gauge the health of the economy and gain some insight into what could be in store for investments one needs to understand the various kinds of economic indicators. At the outset, economic indicators can be categorized into leading, lagging and coincident indicators. All three economic indicators are valuable, but it is the leading economic indicators that are used more frequently on a daily basis. Leading economic indicators are keenly...