Sales Managers Index

About the Sales Managers’ Indexes (SMI)
The Sales Managers’ Indexes are a set of unique economic activity reports covering all major sectors and industries (except those controlled by Government) in over 70+ countries worldwide. The Sales Managers’ Indexes provide the earliest indication each and every month of the direction of economic activity, and the speed at which the markets are growing.
Sales Managers are unique as an occupational group in being at the front line of economic activity. The Sales Manager is ideally placed to feel the first few whispers of caution in the market or to see the new green shoots of economic recovery.
The Sales Managers’ Index brings together the collective wisdom of Sales Managers and consequently produces the most accurate and earliest source of understanding about what’s really happening in an economy.
Who Generates the SMI Data
The Sales Managers’ Indexes are based on original survey data collected from a panel of thousands of Sales Managers in all sectors of a each countries economy except those controlled by the Government.
Methodology
The Sales Managers’ Index results are calculated by taking the percentage of respondents that report that the activity has risen (“Increasing") and adding it to one-half of the percentage that report the activity has not changed (“Unchanged"). Using half of the “Unchanged" percentage effectively measures the bias toward a positive (above 50 points) or negative (below 50 points) index. An example of how to calculate a diffusion index: if the response is 40% “Increasing," 40% “Unchanged," and 20% “Reducing," the Diffusion Index would be 60 points (40% + [0.50 x 40%]). A value of 50 indicates "no change" from the previous month.
The more distant the index is from the amount that would indicate "no change" (50 points), the greater the rate of change indicated. Therefore, an index value of 58 indicates a faster rate of increase than an index value of 53, and an index value of 40 indicates a faster rate of decrease than an index value of 45. A value of 100 indicates all respondents are reporting increased activity while 0 indicates that all respondents report decreased activity.
Economies Covered
Countries
- United States of America
- China
- India
- Mexico
- Mongolia
- Nigeria
- Philippines
Continents / Regions
- Africa
- Americas
- Asia
- Growth Continents
- Latin America
- NAFTA
Global
- Global Economy
- Global Manufacturing
- Global Services
Other Comparable Indicators
The SMI's are very similar to the but do not focus solely on the manufacturing sector but take into account all sectors in each economy with the exception of government departments.
Source / Notability
*[http://www.dukascopy.com/tv/en/#111431 Dukascopy - TV Interview regarding SMI]
*[http://www.dukascopy.com/tv/en/#114772 Dukascopy - TV Interview regarding SMI]
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