AN ASSESSMENT OF THE VALUE OF PMI AND MANUFACTURING SECTOR GROWTH IN PREDICTING OVERALL ECONOMIC OUTPUT (GDP) IN SOUTH AFRICA
Macroeconomic indexes are useful tools in forecasting long and short-run changes in the economy. The purpose of this study is to assess the usefulness of the Purchasing Managers’ Index (PMI), and changes in the manufacturing sector as predictors of economic output. This study is quantitative in natu...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Social Sciences Research Society
2019-12-01
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| Series: | International Journal of eBusiness and eGovernment Studies |
| Subjects: | |
| Online Access: | https://dergipark.org.tr/en/pub/ijebeg/issue/48530/615950 |