sub·​in·​dex | \ ˌsəb-ˈin-ˌdeks How to pronounce subindex (audio) \

Definition of subindex

: an index to a division of a main classification

Examples of subindex in a Sentence

Recent Examples on the Web An official subindex of small-factory activity rose to 50.1 after Beijing ordered state banks to extend billions of dollars worth of cheap loans to the small companies that were hardest hit by the pandemic. Jonathan Cheng, WSJ, "China’s Economic Rebound Picks Up Pace," 30 Sep. 2020 The official export-order subindex climbed into expansionary territory for the first time this year, while the Caixin survey showed export orders hitting a three-year high. Jonathan Cheng, WSJ, "China’s Economic Rebound Picks Up Pace," 30 Sep. 2020 By comparison, the subindex’s historical average is 58.5. Washington Post, "Top CEOs call for ‘major’ coronavirus stimulus to keep economy from backsliding," 23 Sep. 2020 The group’s subindex of expectations, based on consumers’ outlook for income, business and labor market conditions, rose to a four-month high of 106. Olivia Rockeman,, "U.S. Consumer Confidence Posts Biggest Increase Since Late 2011," 1 July 2020 In a sign of such strains, the employment subindex of the manufacturing PMI edged down to 49.1 in June from 49.3 in May, an indication of lingering pressures in the labor market. Jonathan Cheng, WSJ, "China’s Economic Recovery Picks Up Further Momentum," 30 June 2020 There’s unlikely to be a turnaround soon, with the subindex tracking expected business conditions in six months’ time falling to 38.7 from 42.5. Rene Vollgraaff,, "S. Africa Power-Cut Plans Drag Factory Sentiment to Decade Low," 10 May 2020 In economic opportunity and participation subindex of the same report, India was placed ahead of only seven countries. Geetika Dayal, Quartz India, "India’s female entrepreneurs can influence a generation—only if given enough support," 5 Mar. 2020 On the positive side, energy shares have gotten cheaper: The S&P 500 Energy subindex trades at only about 0.4 times book value, half of 2008’s level and a third below 2016, according to Bank of America Merrill Lynch. Tim Mullaney, WSJ, "The Case for Energy Stocks," 10 Feb. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'subindex.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of subindex

1923, in the meaning defined above

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The first known use of subindex was in 1923

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Last Updated

18 Nov 2020

Cite this Entry

“Subindex.” Dictionary, Merriam-Webster, Accessed 4 Dec. 2020.

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