World Economics - Insight , Analysis and Data

World Economics - Measuring Global Economic Activity and GDP


The Sales Managers Index: United States

Released: August 18, 2015

Strong US economic growth continues in Q3 2015

  • Manufacturing and Service sectors see balanced growth
  • Business confidence very high by historic standards
  • Prices inflation continues to grow

The Sales Managers Headline Index indicated continuing growth in the US economy in August, registering a value of 59.0. This suggests panellists are witnessing a continuing expansion in economic activity in the US private sector.

Sector analysis shows that the August Manufacturing SMI registered 59.7, down by 0.9 on July and the Services SMI registered 59.3 in August. These index values show strong and balanced economic growth in August across both these key sectors of the economy. A reading above 50 percent indicates that the economic activity is generally expanding; below 50 percent indicates that it is generally contracting.
 




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