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

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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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