The Purchasing Managers Index (PMI) is widely considered the most accurate indicator of economic activity available. It is a survey of supply chain managers across multiple industries weighted by contribution to GDP and includes multiple questions about business conditions. The ultimate PMI score is a number between 1 and 100. Any score above 50 indicates expansion, while any score below 50 indicates contraction. According to S&P Global Market Intelligence, the global PMI score is 52.3, up from 52.1 in February. Chris Williamson, chief business economist at S&P Global Market Intelligence, analyzes PMI data for the ... (full story)