What is PMI?
The Purchasing Managers Index is a survey-based leading indicator. It shows whether activity is expanding or contracting compared with the previous month.
Interactive educational dashboard for PMI-style business cycle indicators, manufacturing PMI, services PMI, composite PMI and the 50-point expansion threshold.
Interactive purchasing managers index analytics for manufacturing, services and composite business cycle signals. The 50-point threshold separates expansion from contraction in PMI-style diffusion indices.
The Purchasing Managers Index is a survey-based leading indicator. It shows whether activity is expanding or contracting compared with the previous month.
Values above 50 indicate expansion; values below 50 indicate contraction. The distance from 50 helps interpret signal strength.
Official PMI time series are often licensed. This tool uses didactic fallback series to teach the logic without claiming live PMI access.
PMI data are collected monthly and often move before official GDP or production data.
Above 50 means expansion. Below 50 means contraction compared with the previous month.
PMI values show the breadth of change, not the direct level of output.