What is it? It checks the level of a diffusion index based on surveyed manufacturers.
It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their expectations can be an early signal of future economic activity such as spending, hiring, and investment.
When? December 15th at 6:00am Eastern Time.
Trading Tip: If the number is higher than the forecast, you can expect the GBP to rise.
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