Tag: economic indicator

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What is the Purchasing Managers’ Index (PMI)?

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Welcome to BeachBum Trading’s short [What is the Purchasing Managers’ Index (PMI)?] video 🎥 on the Purchasing Managers’ Index (PMI)! The PMI is an economic indicator that measures the level of activity in the manufacturing and services sectors of the economy. In this video, we’ll discuss how it is calculated, what it indicates, and how Read More

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What is the PCE deflator?

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Are you curious to learn what the PCE Deflator is? In this short [What is the PCE deflator?] video 🎥, we will explore this economic indicator and how it is used to measure goods and services in the US economy. We will explain why it goes beyond the traditional Consumer Price Index and includes regular Read More