APICS Business Outlook Index A national manufacturing index that surveys several manufacturing firms on a monthly basis. If the index is above 50 it signals expansion, if it dips below 50 it indicates contraction.
Investopedia Says: It's released on the last business Wednesday, Thursday or Friday of the month (whichever is latest) at 8:30 a.m..
Related Terms: NY Empire State Index Producer Price Index - PPI