APICS Business Outlook Index

What Does APICS Business Outlook Index Mean?
A national manufacturing index that surveys several manufacturing firms on a monthly basis. If the index is above 50 it signals expansion, if it dips below 50 it indicates contraction.

Investopedia explains APICS Business Outlook Index
It's released on the last business Wednesday, Thursday or Friday of the month (whichever is latest) at 8:30 a.m..

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