Friday, June 1, 2012

May Global PMI - Business Insider

We are in the middle of the busiest 48 hours in the history of economics.? And ahead of tomorrow's big US employment situation report, we're getting tons of leading economic data from all over the world.

At the beginning of each month, Markit, HSBC, RBC, JP Morgan, and several other major data gathering institutions publish the latest local readings of the purchasing managers index (PMI).? Each reading is based on surveys of hundreds of companies in each country. From Markit:

PMIs are based on monthly surveys of carefully selected companies. These provide an advance indication of what is really happening in the private sector economy by tracking variables such as output, new orders, stock levels, employment and prices across the manufacturing, construction, retail and service sectors.

The PMI surveys are based on fact, not opinion, and are among the first indicators of economic conditions published each month. The data are collected using identical methods in all countries so that international comparisons may be made.

These are not the most closely followed data points.? However, the power of the insights is unparalleled.

Jim O'Neill, Chairman of Goldman Sachs Asset Management, believes the PMI numbers are among the most reliable economic indicators in the world.

Click here to refresh this page for the latest updates to our scorecard >

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  • Netherlands: NEVI Netherlands Manufacturing PMI --?47.6, down from 49.0 in April
  • South Korea: HSBC South Korea Manufacturing PMI -- 51.0, down from 51.9 in April
  • China: Official PMI -- 50.4, down from 53.3 in April
  • Taiwan: HSBC Taiwan Manufacturing PMI -- 50.5, down from 51.2 in April
  • Vietnam: HSBC Vietnam PMI -- 48.3, down from 49.5 in April
  • China: HSBC China Manufacturing PMI -- 48.4, down from 49.3 in April
  • Indonesia: HSBC Indonesia Manufacturing PMI -- 48.1, down from 50.5 in April
  • India: HSBC India Manufacturing PMI --?1:00 AM EST
  • Russia: HSBC Russia Manufacturing PMI --?1:00 AM EST
  • Ireland: NCB Republic of Ireland Manufacturing PMI -- 2:00 AM EST
  • Poland: HSBC Poland Manufacturing PMI --?3:00 AM EST
  • Turkey: HSBC Turkey Manufacturing PMI --?3:00 AM EST
  • Spain: Markit Spain Manufacturing PMI -- 3:15 AM EST
  • Czech Republic: HSBC Czech Republic Manufacturing PMI -- 3:30 AM EST
  • Italy: Markit / ADACI Italy Manufacturing PMI -- 3:45 AM EST
  • France: Markit France Manufacturing PMI --?3:50 AM EST
  • Germany: Markit / BME Germany Manufacturing PMI --?3:55 AM EST
  • Greece: Markit Greece Manufacturing PMI -- 4:00 AM EST
  • UK: Markit / CIPS UK Construction PMI -- 4:30 AM EST
  • Australia: AiG and PwC PMI -- 5:00 AM EST
  • Brazil: HSBC Brazil Manufacturing PMI -- 9:00 AM EST
  • US: Markit US Manufacturing PMI -- 9:00 AM EST
  • Canada: RBC Canada Manufacturing PMI -- 9:30 AM EST
  • Mexico: HSBC Mexico Manufacturing PMI -- 10:30 AM EST
  • GLOBAL: JPMorgan Global Manufacturing PMI -- 11:00 AM EST

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