Tracking the economy with the purchasing managers' index
AbstractThe 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 InfoArticle provided by Federal Reserve Bank of New York in its journal Quarterly Review.
Volume (Year): (1991)
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