Tracking the economy with the purchasing managers' index
@article{Harris1991TrackingTE, title={Tracking the economy with the purchasing managers' index}, author={E. Harris}, journal={The Quarterly review}, year={1991}, volume={16}, pages={61-69} }
The purchasing managers' index is a widely watched but virtually untested indicator of manufacturing activity. This article examines how well the index lives up to its billing as a leading indicator. The author also explores whether the index supplies information about the economy beyond that already provided by other indicators.
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