2023-12-20T09:35:12-08:00[America/Los_Angeles]
What does PMI mean?
PMI stands for Purchasing Managers' Index. It is an economic indicator that measures the activity level of purchasing managers in the manufacturing sector. PMI is based on a monthly survey of supply chain managers across different industries, and it provides insight into the health of the manufacturing sector and overall economic activity. A PMI reading above 50 indicates expansion in the manufacturing sector, while a reading below 50 indicates contraction. PMI data is closely watched by investors, economists, and policymakers as it can provide early signals of changes in economic trends and business conditions.
![What does a securities company do?]()
What does a securities company do?
A securities company , also known as a brokerage firm or investment firm , plays a crucial role in the financial markets by facilitating the buying and
![What does ROC mean?]()
What does ROC mean?
ROC in finance stands for Return on Capital .
![What does QE mean?]()
What does QE mean?
QE stands for Quantitative Easing , which is a monetary policy used by central banks to stimulate the economy .