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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Business NZ PMI climbed to 51.4 in January 2025
FMPMonthlyReleased February 2025
US Business NZ PMI climbed to 51.4 in January 2025, released February 2025, up 5.5 from December's 45.9 reading. The print exceeded the 46 consensus by 5.4.
Latest Release
51.400000
Actual
46.000000
Consensus
45.900000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.50 | INDEX | Bullish Stocks | → View |
| EUR/USD | ▼ Inverse | −0.45 | FOREX | Bearish EUR | → View |
| USD/JPY | ▲ Direct | +0.40 | FOREX | Bullish USD | → View |
| XAU/USD | ▼ Inverse | −0.35 | COMMODITIES | Bearish Gold | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Business NZ PMI (United States) was reported at 51.40 in January 2025. This beat the market consensus of 46.00 by 5.40. The reading rose from the previous value of 45.90. This is classified as a medium-impact indicator released on a monthly basis.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish Stocks). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include NY Empire State Manufacturing Index (Jun 15) and Industrial Production MoM (Jun 15).
Auto-generated from current model state · Refreshes on each release · Last update February 2025.
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Business NZ PMI - US
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About Business NZ PMI — United States
DEFINITION
The Business NZ PMI (Purchasing Managers' Index) is a widely recognized financial indicator that measures the economic health of the manufacturing sector in New Zealand. It provides valuable insights into the current business conditions, including production levels, new orders, employment, and supplier deliveries. This index is based on a survey of purchasing managers from various industries, making it a reliable and timely measure of the country's overall economic performance. The Business NZ PMI is a crucial tool for investors, policymakers, and businesses to make informed decisions and assess the state of the New Zealand economy.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT'S NEXT
This indicator correlates most strongly with S&P 500 (Bullish Stocks, r=0.50) — a useful reference for index-focused traders.