NZAC - Understanding... PMI New Export Orders Index: Tracking Worldwide Trade Flows And Changing Demand By Country And Sector
- The new export orders index from S&P Global's PMI business surveys tracks foreign demand for both goods and services.
- In a manufacturing company, goods exports are readily quantified as those to be shipped to non-domestic customers.
- After the initial pandemic downturn in demand seen in early 2020, growth of export orders has lagged overall new orders growth for both goods and services in the US.
For further details see:
Understanding... PMI New Export Orders Index: Tracking Worldwide Trade Flows And Changing Demand, By Country And Sector