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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Composite NZ PCI climbed to 50.8 in January 2025
FMPMonthlyReleased February 2025
US Composite NZ PCI climbed to 50.8 in January 2025, released February 2025, up 3.3 from December's 47.5 reading. The print exceeded the 47.5 consensus by 3.3.
Latest Release
50.800000
Actual
47.500000
Consensus
47.500000
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
Composite NZ PCI (United States) was reported at 50.80 in January 2025. This beat the market consensus of 47.50 by 3.30. The reading rose from the previous value of 47.50.
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 MBA 30-Year Mortgage Rate (Jun 17) and Retail Sales MoM (Jun 17).
Auto-generated from current model state · Refreshes on each release · Last update February 2025.
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Composite NZ PCI - US
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About Composite NZ PCI — United States
DEFINITION
The Composite NZ PCI (Performance of Composite Index) is a key financial indicator that measures the overall performance of New Zealand's manufacturing and services sectors. It combines data from the Performance of Manufacturing Index (PMI) and Performance of Services Index (PSI) to provide a comprehensive view of the country's economic activity. This indicator is closely monitored by investors, policymakers, and businesses as it reflects the health and growth potential of the New Zealand economy. A higher Composite NZ PCI indicates a strong and expanding economy, while a lower reading may suggest a slowdown or contraction.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. 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.