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World Economics - Measuring Global Economic Activity and GDP
 

The Sales Managers' Indexes provide the earliest monthly data on the speed and direction of economic activity in the fastest growing areas of the world: Africa, Asia and the America's.

Key advantages of the SMI's :
  • The SMI's provide the first indication each month of the speed and direction of economic growth.
  • The SMI's provide the most complete indication of growth, covering all private sector activity.
  • The SMI's are based on a key occupational group - sales executives - uniquely able to sense accurate changes in business activity levels.
  • The SMI survey base - salespeople - are used by virtually all businesses, including in frontier markets, unlike other occupational groups.
  • The SMI's focus on the worlds growth areas - Africa, Asia and the America's

Why the SMI's are needed

Businesses need growth. Unfortunately much of the worlds growth today derives from countries where economic data is either entirely missing, hopelessly incomplete or just fabricated. The Economist (15.5.14) highlighted the problem in relation to Africa, "Africa is the continent of missing data. Fewer than half of births are recorded; some countries have not taken a census in decades".

World Economics has recently highlighted (in Africa, Asia, and The America's) the large underestimate of most countries GNP data due to out of date base years and the unrecorded shadow economy.

The SMI's bypass all the data faults of official statistics by obtaining representative samples of replies from panels of salespeople specifically set up to monitor levels of activity. Traders, economists and Government no longer need to guess if Nigerian growth is faltering, or if the Philippines is taking off as a growth market. As a consequence, over 40,000 economists, traders, bank officials, government advisers and others use World Economics data each month.


Sales Managers' Indexes - By Region

New from World Economics: The Sales Managers' Index: Africa

  JANUARY 2017
Africa
The SMI registered 52.2 in January, up 1.0 from it's December level. Business Confidence continued at a high level, monthly sales declined and inflation started to gather pace. 
 
     
New from World Economics: The Sales Managers' Index: Americas
  JANUARY 2017
Americas
This Index brings together the collective wisdom of Sales Managers throughout the entire continent of The Americas to produce the earliest and only source of understanding about what’s really happening throughout the continents.
New from World Economics: The Sales Managers' Index: Asia

  JANUARY 2017
Asia
Confidence among Sales Managers remains strong; meaning business conditions are set to remain positive in the coming months. China continues to exhibit slow and steady growth while India is continuing to accelerate rapidly.
New from World Economics: The Sales Managers' Index: Growth Continents

  JANUARY 2017
Growth Markets
The Headline Index is designed to reflect overall economic growth, bringing together the average movement of Confidence, Market Expansion, Product Sales, Prices Charged and the Staffing Indices.
The Sales Managers' Index: Latin America

  JANUARY 2017
Latin America 
The SMI registered 49.5 in January indicating that economic activity in the region is continuing in recession. Business confidence has continued to grow and monthly product sales are registering further growth.
New from World Economics: The Sales Managers' Index: NAFTA

  January 2017
NAFTA
The composite NAFTA Sales Managers’ Index is the best source of understanding about what’s really happening throughout the entire trading bloc.



 

Sales Managers' Indexes - By Country

New from World Economics: The Sales Managers' Index: China

  JANUARY 2017
China
The China Index brings together the collective wisdom of Sales Managers throughout China. The earliest source of understanding about what’s really happening in the China.

New from World Economics: The Sales Managers' Index: India

  JANUARY 2017
India
The Index signals that Indian economic activity remains very strong in January despite the sudden shock of the cash ban in December. The Index continued at a very high level of 70.3, down marginally from December. 
New from World Economics: The Sales Managers' Index: Mexico

  JANUARY 2017
Mexico
The Sales Managers’ Indexes, taken as a whole, shows that the Mexican economy grew in January with a headline SMI of 51.5, from 50.6 in December.
New from World Economics: The Sales Managers' Index: Mongolia

  JANUARY 2017
Mongolia
The December Headline Index value of 38.4 indicates that the economy continues to contract but at a slower rate. The falling business confidence index has eased and is reflecting slower declining sentiment.
New from World Economics: The Sales Managers' Index: Nigeria


  JANUARY 2017
Nigeria
The only available monthly economic indicator which covers all sectors of the Nigerian economy. The SMI reported that Nigeria has continued in a period of recession with high levels of price inflation evident.

New from World Economics: The Sales Managers' Index: Philippines


  JANUARY 2017
Philippines
The Sales Managers’ Indexes, taken as a whole, show that economic growth in Philippines has been very strong. The headline SMI at 80.5 is congruent with strong rates of economic growth. 
New from World Economics: The Sales Managers' Index: South Africa

  JANUARY 2017
South Africa
The SMI decreased further in January representing the 10th month of decreasing index values . Sales growth contracted again January with staffing levels also contracting at a solid pace.
The Sales Managers' Index: United States of America

  JANUARY 2017
United States of America 
The SMI Headline Index registered a value of 52.5 in January, up from the value in December. Business Confidence improve further but is still low while sales growth also stayed at modest levels.






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