๐Ÿ“š node [[ism manufacturing index]]
๐Ÿ“• contributed by @KGBicheno ๐Ÿ”—

ISM - Manufacturing Index

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Single most important and best predictor of the US economy's future performance.

A massively capital-intensive leading indicator for the rest of the economy.

Purchasing managers are incredibly powerful in that regard.

ISM Index > 50 = buying more quarter on quarter ISM Index <= 50 buying same or less quarter on quarter

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