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...

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Bibliographic Details
Main Authors: Daniel Francois Meyer, Thomas Habanabakize
Format: Article
Language:English
Published: Social Sciences Research Society 2019-12-01
Series:International Journal of eBusiness and eGovernment Studies
Subjects:
MPI
Online Access:https://dergipark.org.tr/en/pub/ijebeg/issue/48530/615950

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