Tuesday, 8 April 2014

PMI and PSI provide critical information

For many years now CECC has worked with BusinessNZ to have input into the Performance of Manufacturing Index (PMI) and Performance of Services Index (PSI) surveys.

The information gathered from these surveys is extraordinarily valuable and is used by government departments (Treasury, Reserve Bank) as a tool for the most up-to-date data for the country as well as by international agencies such as IMF.

The surveys really do help to shape policy decisions. The BNZ BusinessNZ performance surveys are run monthly and provide performance indexes at both the regional association and national level. It is critical that we get broad based regional participation in these surveys to ensure the survey results are robust given the use the information is put to.

Both the BNZ BusinessNZ PMI and PSI surveys are run monthly. They are quick and easy to complete and we would encourage increased participation by Canterbury companies. Please consider being involved and contact Lorraine Rouse (lorrainer@cecc.org.nz or phone 03 335 3080) to register your interest. 
Click here for a summary covering both indexes to give you further information. I really do encourage active participation in these surveys so that we can provide information to those people who are making decisions about our future. 

No comments:

Post a Comment