The results of the ANZ Bank Business survey held among businesses nationwide.
Measures the total amount of profits earned by businesses with more than 20 employees before taxes have been taken out.
A monthly gauge of manufacturing activity and future outlook. The CIPS PMI is comparable to the US ISM survey, similarly based on the opinions of executives in manufacturing companies. Purchasing managers are tasked with gauging future demand, and adjusting orders for materials accordingly. The PMI summarizes the opinions of these executives to give a picture of the future of the manufacturing sector. A higher PMI indicates that materials purchases are increasing and that the economic outlook is positive. Alternately, a lower PMI means orders for materials are down and the future outlook is less favorable. By nature, the figure is very sensitive to the business cycle and tends to match growth or decline in the economy as a whole.
The PMI is presented as an index with a value between 1-100.
It is a major indicator of the strength of the non-manufacturing sector of China.
The Housing Starts figure reflects the rate of growth in housing construction. The number of housing starts is an indicator of the strength of Japan 's construction sector and a leading indicator for the direction of the economy as a whole. Housing Starts respond quickly to changes in the business cycle, promptly slowing at the onset of a recession and growing at the beginning of an economic boom. A high Housing Starts figure is generally bullish for the economy, as it indicates overall economic growth.
The headline figures are the year on year percentage change in value of housing starts, and the value of all houses started for construction that year.
Gauge for goods sold at retail outlets in the past month. Retail Sales is a leading indicator for the Swiss economy since private consumption makes up a large portion of Swiss Gross Domestic Product. Rising consumer spending fuels economic growth, confirms signals from consumer confidence, and may spark inflationary pressures.
The headline figure is expressed as the percentage change from the same month last year.
The Swiss KOF Economic Barometer is a leading indicator which measures overall economic activity and is an excellent indicator of the direction of the Swiss economy. The KOF Economic Barometer is one or two quarters ahead of the GDP growth rate of the previous year and thus enables an initial estimate to be made of how the Swiss economy will perform in the next or in the next two quarters.
The Barometer is ultimately adjusted to take account of seasonal fluctuations and random factors. The Barometer is published monthly.
Assesses changes in the cost of living by measuring changes in the prices of consumer items. The CPI is the headline inflation figure that indicates the strength of domestic inflationary pressures.