MM Manufacturing Cycle Index consists of Cass Freight Index, Global OECD CLI Diffusion Index, Global PMI Diffusion Index, ISM PMI, US Retail Index, Taiwan Exports Growth, IFO Exports Expectations, ISM PMI Export Orders, ISM PMI Inventory (inverted), Eurozone Industrial Confidence: Inventory (inverted), and more.
Expanding manufacturing activities: Index uptrends from a negative reading
Dominant manufacturing: Index continues rising in the positive territory
Shrinking manufacturing: Index declines from a high reading
Destocking: Index continues to decrease to under 0
MM Manufacturing Cycle Index2022-07-0.46