Multicurrency cross-border pooling and Purchasing Managers' Index: Difference between pages

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imported>Doug Williamson
(Add 2nd & 3rd definitions. Source: CIPS webpage https://www.cips.org/en-gb/who-we-are/news/uk-manufacturing-pmi-remains-stuck-at-six-and-a-half-year-low-in-july/)
 
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A cash management technique in which excess funds from companies’ accounts in different countries, which are denominated in different currencies, are concentrated and used to offset deficits for the purpose of determining interest earned or owed.
(PMI).
 
1. ''Economic indicators - US.''
 
The US Purchasing Managers' Index measures new orders, production, employment and supplier deliveries, based on a survey of North American manufacturing businesses.
 
It is an important measure of economic activity.
 
 
The US PMI is published monthly by the US Institute for Supply Management.
 
 
2. ''UK''.
 
A similarly-structured index for UK manufacturing.
 
The UK PMI is published by IHS Markit and the Chartered Institute for Procurement and Supply (CIPS).
 
 
3.
 
Similar indices for other economies.
 


== See also ==
== See also ==
* [[Cash concentration]]
* [[Chartered Institute for Procurement and Supply]]
* [[Cash management]]
* [[Institute for Supply Management]]
* [[Deficit]]
* [[PMI]]
* [[Pooling]]


[[Category:The_business_context]]
[[Category:Financial_products_and_markets]]

Revision as of 14:25, 28 August 2019

(PMI).

1. Economic indicators - US.

The US Purchasing Managers' Index measures new orders, production, employment and supplier deliveries, based on a survey of North American manufacturing businesses.

It is an important measure of economic activity.


The US PMI is published monthly by the US Institute for Supply Management.


2. UK.

A similarly-structured index for UK manufacturing.

The UK PMI is published by IHS Markit and the Chartered Institute for Procurement and Supply (CIPS).


3.

Similar indices for other economies.


See also