Open trading account 
Measures Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.
Frequency Released monthly, on the first business day after the month ends;Why Traders
Care It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;
Derived Via Survey of about 400 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories;
Usual Effect 'Actual' greater than 'Forecast' is good for currency;
Frequency Released monthly, on the first business day after the month ends;Why Traders
Care It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;
Derived Via Survey of about 400 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories;
Usual Effect 'Actual' greater than 'Forecast' is good for currency;
