Economic Indicators: July 2024

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admin July 31, 2024 0 Comments

ABMA Monthly Economic Indicators

ABMA tracks and publishes 17 key Economic Indicators monthly.

Beginning with May, we included the Purchasing Managers Index (PMI). The PMI is a composite index used only in the Manufacturing Report on Business. A PMI index over 50 represents growth or expansion within the manufacturing sector of the economy compared with the prior month. A reading under 50 represents contraction, and a reading at 50 indicates an equal balance between manufacturers reporting advances and declines in their business.

If you have additional indicators that you would like us to track, please let us know at info@abma.org.

You can download the most current version here: