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PMI

 
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Investopedia Financial Dictionary:

Purchasing Managers Index - PMI

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An indicator of the economic health of the manufacturing sector. The PMI index is based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employment environment.

Investopedia Says:
A PMI of more than 50 represents expansion of the manufacturing sector, compared to the previous month. A reading under 50 represents a contraction, while a reading at 50 indicates no change. Prior to September 1, 2001, the acronym (PMI) stood for Purchasing Managers' Index. The Institute of Supply Management (ISM) now uses only the acronym, PMI.

Although the ISM publishes several indexes, the PMI is the most widely followed and is sometimes referred to as the ISM index.

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A company's efficiency, financial strength and cash-flow health show in its management of working capital. Working Capital Works


PMI may stand for:

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  • Presidential Management Internship, program now known as the Presidential Management Fellows Program
  • Priority Mail International, mailing service offered by the United States Postal Service
  • Positive Material Identification, identification of materials by spectrographic analysis of electromagnetic interrogation
  • Preventative Maintenance Inspection, a common term for scheduled servicing of electrical, electronic and mechanical equipment

 
 

 

Copyrights:

Barron's Business Dictionary. Dictionary of Business Terms. Copyright © 2007 by Barron's Educational Series, Inc. All rights reserved.  Read more
Investopedia Financial Dictionary. Copyright ©2010, Investopedia.com - Owned and Operated by Investopedia US, A Division of ValueClick, Inc. All rights reserved.  Read more
Wikipedia on Answers.com. This article is licensed under the Creative Commons Attribution/Share-Alike License. It uses material from the Wikipedia article PMI Read more

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