Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS LMI Logistics Managers Index Current climbed to 58.3 in March 2024
FMPMonthlyReleased April 2024
US LMI Logistics Managers Index Current climbed to 58.3 in March 2024, released April 2024, up 1.8 from February's 56.5 reading.
Latest Release
58.300000
Actual
—
Consensus
56.500000
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
LMI Logistics Managers Index Current (United States) was reported at 58.30 in April 2024. The reading rose from the previous value of 56.50.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 56.80, up from the prior three at 52.17.
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 Building Permits MoM (Jun 16) and Building Permits (Jun 16).
Auto-generated from current model state · Refreshes on each release · Last update April 2024.
SHARE
LMI Logistics Managers Index Current - US
Loading chart data...
About LMI Logistics Managers Index Current — United States
DEFINITION
The LMI Logistics Managers Index Current is a leading financial indicator that measures the current state of the logistics industry. It provides valuable insights into the overall health and performance of the sector, including factors such as transportation costs, inventory levels, and supplier deliveries. This index is widely used by financial analysts and industry professionals to make informed decisions and stay ahead of market trends. With its timely and accurate data, the LMI Logistics Managers Index Current is a crucial tool for assessing the current economic climate and predicting future developments in the logistics industry.
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 CHANGED THIS MONTH
Latest reading (Mar 2024): actual 58.3. Prior reading (Feb 2024): 56.5. Before that (Jan 2024): 55.6.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with S&P 500 (Bullish Stocks, r=0.50) — a useful reference for index-focused traders.