Subnode [[@KGBicheno/ism--manufacturing-index]] in node [[ism--manufacturing-index]]
from garden/KGBicheno/Economics/ISM - Manufacturing Index.md by @KGBicheno
from garden/KGBicheno/Economics/ISM - Manufacturing Index.md by @KGBicheno
ISM - Manufacturing Index
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#ISM-Manufacturing-Index
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