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The Sales Managers Index: Global All-Sector

Released: January 17, 2017


Global Growth Accelerates to 12 Month High
  • Global Business Confidence hits highest level for 11 months
  • New Sales Growth improves further in January
  • Staffing levels remain stagnant

Global business activity across all industry sectors grew modestly in December indicating that the global economy continues to exhibit low but consistent rates of economic activity. The Headline Sales Global business activity across all industry sectors grew modestly at the start of 2017 with a headline SMI reading of 53.6 – this level indicates that the global economy continues to exhibit low but consistent rates of economic activity. The Business Confidence Index ticked up again in January as the Sales Growth Index hit a 15 month high of 55.9. Sales managers are suggesting that the outlook is promising for higher sales growth which will in turn drive global economic activity. Price rises for goods and services have remained modest during the month with another increase in the index level to 52.9, up from 52.5 in December. The Staffing Levels Index remained stable in January with a value of 50.0. Towards the end of 2016 there was a marked improvement in the global economy, 2017 has started off on a solid footing and managers are optimistic of steadily improving conditions.)



Headline Sales Managers' Index



Sales Growth Index





Sales Managers' Index Trends

  Direction Speed
SMI Growing Slowly
Business Confidence Growing Very strongly
Market Growth Growing Slowly
Sales Output Growing Strongly
Prices Charged Growing Slowly
Staffing Levels Stable None




Staffing Levels Index





About Global  All-Sector SMI Data



The Sales Managers' Index provide the earliest monthly data on the speed and direction of Global economic activity.

Key advantages of the Global All-Sector SMI:
  • The SMI provides the first indication each month of the speed and direction of economic growth across the Globe.
  • The SMI provides the most complete indication of growth, covering all private sector activity.
  • The SMI is based on a key occupational group - uniquely able to sense changes in business activity levels.
  • The SMI is composite index of business confidence, market growth, sales, prices charged and staffing levels.
  • The SMI is a diffusion index, any index value above 50 indicates growth and below 50 indicates contraction.

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