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The Sales Managers Index: Global Manufacturing

Released: April 18, 2017

Sales Managers Report Global
Manufacturing Sector at 19 Month High

  • Business confidence remains high
  • Sales growth indexes rise
  • Inflationary price increases rise again

The April Sales Managers’ Index (SMI) data for the Global Manufacturing sector reported another month of improvements in manufacturing activity as the Headline SMI increased 0.7 index points against the March level. The Business Confidence Index remained high with an index level of 56.5 in April. This level is underpinned by improving market growth which reached a 19 month high during the period and increasing employment levels which grew at the fastest pace since October 2015. Producers increased output prices for the fifth consecutive month in April. Panel members continue to suggest that improving sales growth, higher output prices and stable business conditions are fueling renewed optimism going into Q2.

Headline Sales Managers' Index

Business Confidence Index

Sales Growth Index

Prices Charged Index

About Global Manufacturing SMI Data

The Sales Managers Index provide the earliest monthly data on the speed and direction of Global Manufacturing economic activity.

Key advantages of the Global Manufacturing SMI:
  • The SMI provides the first indication each month of the speed and direction of economic growth in the Global Manufacturing sector .
  • The SMI provides the most complete indication of growth, covering all private sector activity.
  • The SMI is based on a key occupational group - uniquely able to sense changes in business activity levels.
  • The SMI is composite index of business confidence, market growth, sales, prices charged and staffing levels.
  • The SMI is a diffusion index, any index value above 50 indicates growth and below 50 indicates contraction.

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