What is it? It checks the Level of a diffusion index based on surveyed manufacturers, builders, retailers, agricultural firms, and service providers.
It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment.
When? February 26th at 7:00am Eastern Time.
Trading Tip: If the actual number is higher than the forecast, you can expect the NZD to rise.
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