⚠ QuantPlus EarningsPro is a financial publication, not an investment adviser. QuantPlus Analytics, LLC is not registered as an investment adviser with the Securities and Exchange Commission or with the Ohio Division of Securities. Nothing published here is personalised investment advice, a recommendation to buy, sell or hold any security, or a forecast of what any security will do. Our figures measure what companies have already reported to the Securities and Exchange Commission. Past results do not indicate future results. All investing involves risk, including the loss of the amount you invest. Consider speaking to a qualified professional about your own situation before acting on anything you read here. The founder owns shares of some of the securities covered. Rankings are produced by applying the same method to every company and are not influenced by those positions.

← All 72 terms

PMI (Purchasing Managers' Index)

Market & Macro

The Purchasing Managers' Index (PMI) is a leading economic indicator derived from monthly surveys of private sector companies. A PMI above 50 represents expansion; below 50 represents contraction.

PMI is a leading economic indicator — it tells you what's happening in the economy before official GDP data is published. A falling PMI alongside rising CPI signals stagflation — the most damaging macro condition for equity valuations.

Further reading: Wikipedia

← Back to the glossary