Measuring Philippine GDP every month. Philippine Economy, World Economics

Measuring Philippine GDP every month. Philippine Economy, World Economics

Measuring Philippine GDP every month. Philippine Economy, World Economics

The Philippines Sales Managers’ Index brings together the collective wisdom of Sales Managers throughout The Philippines to produce the earliest (and we believe best) source of understanding about what’s really happening in the Filipino economy.

The Sales Managers Index: Philippines.

The Philippines Economy Continues to Gather Pace

Philippines annualised GDP growth for Q3 likely to increase beyond 7%

Sales and Market Growth Indexes continue at very high levels

Price rises remain strong with inflation maintaining recent rise

The Philippines Sales Managers Index (SMI) for October suggests that the rate of growth in the economy has increased from the annual GDP growth rate of 7% reported in Q2. The Headline Sales Managers’ Index signalled a sustained and fast rate of growth across the country in October. The Market Growth Index improved to 76.1 the highest monthly value since July 2015 and representative of increasing GDP growth rates. Inflation rates remain solid with little change reported in the price of goods and services during the month. Business Confidence levels continued to remain very high despite the recent political standoffs.

http://www.worldeconomics.com/SMI/Philippines-SalesManagersIndex.efp

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The Sales Managers Index: Philippines

The Sales Managers Index: Philippines

The Philippines Economy Continues to Gather Pace

Philippines annualised GDP growth for Q3 likely to increase beyond 7%
Sales and Market Growth Indexes continue at very high levels
Price rises remain strong with inflation maintaining recent rise

The Philippines Sales Managers Index (SMI) for October suggests that the rate of growth in the economy has increased from the annual GDP growth rate of 7% reported in Q2. The Headline Sales Managers’ Index signalled a sustained and fast rate of growth across the country in October. The Market Growth Index improved to 76.1 the highest monthly value since July 2015 and representative of increasing GDP growth rates. Inflation rates remain solid with little change reported in the price of goods and services during the month. Business Confidence levels continued to remain very high despite the recent political standoffs.

VISIT NOW - http://www.worldeconomics.com/SMI/Philippines-SalesManagersIndex.efp

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The Sales Managers Index: Asia

The Sales Managers Index: Asia

Strong Economic Growth in Asia Remains Unchanged in October

Business confidence remains very high
Sales growth continues to grow rapidly with India leading the way
Prices inflation for goods and services remain modest

The Headline Sales Managers’ Index (SMI) for Asia was 57.7 in October, up by only 0.1 from the level in September and represents strong economic growth for the region as a whole. The average SMI for the first half of 2016 was 57.1 and the October data suggests a sustained high level of business activity. The primary driver of growth in Asia is coming from India’s rapid levels of growth which have been solid for the past two years. Business confidence levels in Asia remain very high based on strong sales and firm overall market growth. Price inflation for October remained muted and only just above the 50 ‘no change’ for the eighth month in succession.

http://www.worldeconomics.com/SMI/Asia-SalesManagersIndex.efp

VISIT NOW - http://www.worldeconomics.com/SMI/Asia-SalesManagersIndex.efp

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Nigerian Economy / GDP SMI Data every month, inflation, employment and growth in Nigeria, Economic Indicators, World Economics

The Sales Managers Index: Nigeria

Recession Deepens as Market Growth Nosedives in October
Jobs loses worsen as recession takes hold
Price increases ease to 8 month low but inflation still rampant
Managers remain optimistic for the future despite market challenges

October data indicates that the recession gripping Nigeria deepened as the monthly Sales and Market Growth Indexes slumped to new record lows. The Market Growth Index dropped to a value of 39.7 in October from 43.5 in September. To meet market challenges, businesses are laying off employees at a greater rate. The Staffing Levels Index fell to a new low of 34.3 in October. Price inflation for goods and services hit a peak in August and the Prices Charged Index has continued to ease back further in October to 62.0. This level is congruent with significant levels of inflation but at a slightly lower rate than the 0.8% (MnM) rise reported by the National Statistics Office on October 14th. Overall, the Nigerian economy continues to suffer from declining economic growth, high inflation and severe job losses. Latest data suggests that conditions are unlikely to improve dramatically during the remainder of the year.

http://www.worldeconomics.com/SMI/Nigeria-SalesManagersIndex.efp

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The Sales Managers Index: Mongolia

The Sales Managers Index: Mongolia.

Business Confidence Worsens as Sales Plunge 

Sales and Market growth contract at faster rates
Business Confidence Index at lowest level for 10 months
Job losses continue as the economy struggles with recession

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The Headline Mongolian Sales Managers’ Index (SMI) continued to fall back on its summer gains to post a value of 39.5 in October. This represents the second monthly fall in the index value, as a run of 7 consecutive monthly gains came to an end in September. The Market and Sales Growth Indexes both experienced sharp drops during the month which has also been reflected in reduced business confidence levels. Sales managers are reporting that the weakness of the Tugrik is hurting their businesses considerably as the Tugrik is now at its lowest exchange rate against the Chinese Renminbi for well over 10 years.

http://www.worldeconomics.com/SMI/Mongolia-SalesManagersIndex.efp

About Mongolian SMI Data


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

Key advantages of the Mongolia SMI:
The SMI provides the first indication each month of the speed and direction of economic growth in Mongolia.
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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China Growth Tracker at World Economics

China Growth Tracker  - http://www.worldeconomics.com/

GDP Growth

Quarterly Real GDP Growth Q1 2008 – Q3 2017 

http://www.worldeconomics.com/Papers/China%20Growth%20Monitor_cac90741-8882-4311-969e-3ae0e3e2575c.paper

Annual Real GDP Growth 1961-2015

Data for the last 50 years shows near continuous strong growth in the Chinese economy.

http://www.worldeconomics.com/Papers/China%20Growth%20Monitor_cac90741-8882-4311-969e-3ae0e3e2575c.paper

Leading & Composite Indicators 

OECD Composite Leading Indicator

The (CLI) is designed “to provide early signals of turning points between expansions and slowdowns of economic activity” The CLI for China uses the following components: Production of chemical fertilizer (tonnes), monetary aggregate m2 (Renminbi). Production of manufactured crude steel (tonnes), 5000 Industrial Enterprises Diffusion Index, Overseas order level (%), buildings (m2), Production of motor vehicles (number), and the Shanghai Stock Exchange Turnover (Renminbi). 

The Conference Board Leading Economic Index

The Conference Board Leading Economic Index® (LEI) for China includes total loans issued by financial institutions, 5000 Industry Enterprises Diffusion Index (raw materials supply index), official manufacturing PMI Supplier deliveries sub-indices, Consumer Expectations Index, Total floor space started, and official manufacturing PMI Export orders sub-indice. 

VISIT NOW - http://www.worldeconomics.com/Papers/China%20Growth%20Monitor_cac90741-8882-4311-969e-3ae0e3e2575c.paper

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Latin American Economy

Latin American Economy / GDP SMI Data every month, inflation, employment and growth in Latin America, Economic Indicators, Latam, World Economics.

The Latin America Index is by far the most up to date assessment of economic activity in Latin America, and provides the only monthly data covering all sectors of the continent.

VISIT NOW -http://www.worldeconomics.com/SMI/LatinAmerica-SalesManagersIndex.efp


The Sales Managers Index: Latin America

Released: October 18, 2016


Green Shoots of Growth Appear for Latin America

Business confidence continues to grow, receiving boost from Brazil and Mexico
Market Growth Index registers highest level of growth since August 2015
Employment levels continue to deteriorate at a significant rate

The recession in Latin America may be ending. The October Market Growth Index registered 50.3, the highest level since August 2015. Sales Managers have now reported two consecutive months of improving business optimism to a modest index level of 53.5 – the highest level in 28 months and a good indication that the rising trend in economic activity will continue for the remainder of the year. Businesses have not yet felt the benefit of improved conditions as employers are continuing to lay off staff at a consistent rate but if economic conditions continue to improve, the rate of job losses is likely to ease. Overall, the latest survey data suggests that the improving economic situation in Brazil and Mexico is helping to raise the outlook for the Latin American region as a whole.

http://www.worldeconomics.com/SMI/LatinAmerica-SalesManagersIndex.efp

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SouthAfrica-SalesManagers

South African Economy Continues to Slowdown 

Monthly market growth index indicates slower levels of growth in October
Inflationary pressures dissipate with meagre increase from last month
Profit Margins continue to fall

Business conditions in South Africa continued to hold steady in October. The Headline Sales Managers’ (SMI) – a composite indicator designed to provide the most up-to-date assessment of business activity – posted 49.9, down from 50.2 in September. This represents the seventh consecutive month of deceleration in economic activity in over a year, but importantly the Market Growth Index is above the 50.0 ‘no change’ level which is consistent with the positive GDP growth but slower than the rate in Q3. Overall, the latest SMI data suggests conditions remain challenging and there is unlikely to be a significant improvement in the economy soon with growth rates remaining muted for the remainder of the year.

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Indian Economy’s Meteoric Growth Continues in October

The Sales Managers Index: India

Released: October 18, 2016

VISIT NOW - http://www.worldeconomics.com/SMI/India-SalesManagersIndex.efp


Indian Economy’s Meteoric Growth Continues in October

Sales Managers Index at all-time high
Jobs Growth accelerates to near all-time high
Price Inflation non-existent despite rampant growth

The Indian economy continued to expand rapidly in October with a Headline Sales Managers’ Index (SMI) of 71.3, up from 70.5 in September. The SMI remains at a record high level reflecting the great success of current economic policies in India. Business Confidence maintained its ultra-high level in October. The Sales Index reflects very rapid economic growth. The Staffing Levels Index also reflects a tremendously buoyant economy with new jobs being generated in great quantity every month. There is no sign as of now of overcapacity constraints emerging to hamper future growth.

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US SMI, United States GDP, US Economic Indicators, , US Gross Domestic Product, World Economics

We provide the earliest US economic indicators, United States GDP and US gross domestic product from worldeconomics.com




The Sales Managers Index: United States

Released: October 18, 2016
U.S. Election Now a Serious Drag on Business Confidence

• Fifth month of falling business confidence
• Sales growth wanes despite run-up to holiday season
• Jobs growth falling

At 50.5 the October reading for the U.S. Sales Managers’ Index (SMI) indicates that the US economy is close to stalling as the nation prepares for the presidential elections in November. The Headline SMI has been close to the 50.0 ‘no change’ level for 4 consecutive months and at lacklustre levels during 2016. Sector analysis shows that the Manufacturing sector has been causing a drag on the US economy since the beginning of the year. The 4th Quarter outlook remains bleak with the service sector (51.6) keeping the economy, from sliding into recession. The political situation is cited as causing great uncertainty.

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