Journal Article
Tracking the economy with the purchasing managers' index
Abstract: The purchasing managers' index is a widely watched but virtually untested indicator of manufacturing activity. This article examines how well the index lives up to its billing as a leading indicator. The author also explores whether the index supplies information about the economy beyond that already provided by other indicators.
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Bibliographic Information
Provider: Federal Reserve Bank of New York
Part of Series: Quarterly Review
Publication Date: 1991
Volume: 16
Issue: Aut
Pages: 61-69