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Trading glossary · fundamentals

PMI

A survey of businesses that shows whether they are growing or shrinking. Above 50 usually means growing.

The fuller meaning

Purchasing managers' index, a monthly business survey of activity such as orders and output. Readings above 50 usually signal expansion and below 50 contraction; as an early growth indicator it can move markets when it surprises.

PMI, also called purchasing managers' index.

Related words

adoption · analyst estimate · balance sheet · Bank of Japan · beat · bond · book value · business cycle · cash flow · central bank