Ingersoll Cutting Tools
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Economic Indicators

Miles Free III shares economic indicators that have the closest correlation to the PMPA Index.

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These are the economic Indicators that I use in my weekly Manufacturing Positivity posts as well as correlate to our PMPA Business Trends Sales indicator. The three resources with an asterisk after the name — Industrial Production, Durable Goods and Total Vehicles Assembled — have the closest correlation to our Index. I do not follow many of the employment indicators as they are after the fact, not leading or contemporaneous.

 RESOURCE  LINK
 New York Federal Reserve
Calendar for Current Month
 bit.ly/PMPA-PM1221a
 ISM PMI  bit.ly/PMPA-PM1221b
 Manufacturing Shipments Orders  bit.ly/PMPA-PM1221c
 JOLTS  bit.ly/PMPA-PM1221d
 Employment Situation  bit.ly/PMPA-PM1221e
 CPI  bit.ly/PMPA-PM1221f
Empire State Manufacturers bit.ly/PMPA-PM1221g
Imports Exports bit.ly/PMPA-PM1221h
Business Inventories bit.ly/PMPA-PM1221i
Michigan Consumer 
Preliminary Results
bit.ly/PMPA-PM1221j
Industrial Production & 
Capacity Utilization*
bit.ly/PMPA-PM1221k
Philadelphia Federal
Reserve Manufacturing
bit.ly/PMPA-PM1221l
Chicago Federal
Reserve National Activity
bit.ly/PMPA-PM1221m
Dallas Federal Reserve 
Manufacturers
bit.ly/PMPA-PM1221n
Advance Durable Goods* bit.ly/PMPA-PM1221o
Advance Trade
International Goods
bit.ly/PMPA-PM1221p
GDP 
(Quarterly, Estimated Monthly)
bit.ly/PMPA-PM1221q
Total Vehicles Assembled* bit.ly/PMPA-PM1221r

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