Forex Dictionary

BSI Large Manufacturing Conditions

BSI Large Manufacturing Conditions

The Business Survey Index (BSI) Manufacturing Conditions measures the general business conditions of large manufacturers. The index is derived from a survey that asks respondents to rate the level of general business activity as 'decrease', 'increase', or 'no change'. A rising trend has a positive effect on the nation's currency because manufacturers play a vital role in the large export industry. Traders also look to the BSI for clues on what to expect from the upcoming Tankan survey.