A survey asking the people who buy for companies how things are
Firms are asked whether output and new orders are better or worse than last month, and the answers are combined into one number. Above 50 means expansion and below it contraction. It is compiled quickly and monthly, so it catches turns early.
A move from 48 to 52 says the economy has turned from shrinking to growing.
For learning, not investment advice. Decisions are your own.
StockFit · TrueNorthLabs Inc.