Glossary
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Understanding the ISM Manufacturing Survey (PMI)
The ISM Manufacturing Survey (PMI) is a key economic indicator that measures the performance of the manufacturing sector in the United States
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Understanding MBA Mortgage Applications
MBA mortgage applications refer to the data collected by the Mortgage Bankers Association (MBA) on a weekly basis. These applications include requests for new mortgages, ...
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Understanding New Home Sales
New home sales refer to the process of selling newly constructed residential properties to buyers. These properties can range from single-family homes to condominiums and ...
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Understanding the NAHB Housing Market Index (HMI)
The NAHB Housing Market Index (HMI) is a widely recognized economic indicator that measures the confidence and sentiment of home builders in the United States
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Understanding Trade Balance
Trade balance refers to the difference between a country's exports and imports over a specific period. It is a key component of a country's balance ...
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Understanding the Unemployment Rate
The unemployment rate measures the percentage of the labor force that is currently unemployed and actively seeking employment. It is calculated by dividing the number ...
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Understanding the ZEW Indicator of Economic Sentiment
The ZEW Indicator is based on a monthly survey conducted by the Center for European Economic Research (ZEW) in Germany. The survey collects data from ...
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Understanding the Commodity Research Bureau Index
The Commodity Research Bureau Index (CRB Index) is a widely recognized economic indicator that tracks the overall price movement of a basket of commodities
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Understanding Initial Jobless Claims
Initial jobless claims refer to the number of individuals who have filed for unemployment benefits for the first time during a specified period
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Understanding the Ivey Purchasing Managers Index
The Ivey PMI is an economic indicator specific to Canada. It provides valuable insights into the purchasing activities of Canadian businesses, offering a snapshot of ...
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Understanding the Kansas City Manufacturing Survey
The Kansas City Manufacturing Survey, also known as the KC Fed Manufacturing Survey, is a monthly report published by the Federal Reserve Bank of Kansas ...
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Understanding the Westpac-MI Leading Index
The Westpac-MI Leading Index is a widely recognized economic indicator that aims to predict changes in the Australian economy. It is a collaborative effort between ...
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