期刊名称:Federal Reserve Bank of New York - Quarterly Review
印刷版ISSN:0147-6580
出版年度:1991
卷号:16
期号:3
出版社:Federal Reserve Bank of New York
摘要: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