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Old 02-01-2012, 09:25
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Final Manufacturing PMI:
Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry;
Data is given to Thomson Reuters subscribers 2 minutes before the public release time listed on the calendar - early market reaction is usually a result of trades made by these subscribers. Above 50.0 indicates industry expansion, below indicates contraction. The 'Previous' listed is the 'Actual' from the Flash release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released about a week apart Flash and Final. The Flash release, which the source first reported in Jun 2007, is the earliest and thus tends to have the most impact;
It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;

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