Economic Indicators
Miles Free III shares economic indicators that have the closest correlation to the PMPA Index.
These are the economic Indicators that I use in my weekly Manufacturing Positivity posts as well as correlate to our PMPA Business Trends Sales indicator. The three resources with an asterisk after the name — Industrial Production, Durable Goods and Total Vehicles Assembled — have the closest correlation to our Index. I do not follow many of the employment indicators as they are after the fact, not leading or contemporaneous.
| RESOURCE | LINK |
|---|---|
| New York Federal Reserve Calendar for Current Month |
bit.ly/PMPA-PM1221a |
| ISM PMI | bit.ly/PMPA-PM1221b |
| Manufacturing Shipments Orders | bit.ly/PMPA-PM1221c |
| JOLTS | bit.ly/PMPA-PM1221d |
| Employment Situation | bit.ly/PMPA-PM1221e |
| CPI | bit.ly/PMPA-PM1221f |
| Empire State Manufacturers | bit.ly/PMPA-PM1221g |
| Imports Exports | bit.ly/PMPA-PM1221h |
| Business Inventories | bit.ly/PMPA-PM1221i |
| Michigan Consumer Preliminary Results |
bit.ly/PMPA-PM1221j |
| Industrial Production & Capacity Utilization* |
bit.ly/PMPA-PM1221k |
| Philadelphia Federal Reserve Manufacturing |
bit.ly/PMPA-PM1221l |
| Chicago Federal Reserve National Activity |
bit.ly/PMPA-PM1221m |
| Dallas Federal Reserve Manufacturers |
bit.ly/PMPA-PM1221n |
| Advance Durable Goods* | bit.ly/PMPA-PM1221o |
| Advance Trade International Goods |
bit.ly/PMPA-PM1221p |
| GDP (Quarterly, Estimated Monthly) |
bit.ly/PMPA-PM1221q |
| Total Vehicles Assembled* | bit.ly/PMPA-PM1221r |
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