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ISM Manufacturing Survey PMI Definition Forexpedia by Babypips com

Economists immediately queried the accuracy of the report and determined that ISM had incorrectly applied seasonal adjustments from the previous month. The Services Index which is a weighted composite index for services data (similar to the Purchasing Managers’ Index (PMI)) was developed and first published in the January 2008 Non-Manufacturing ISM Report On Business. This was not available prior to

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