<p>User
which of the following scenarios would be considered a negative economic surprise?
PMI is reported at 54, The Surv(m) was 53                                                                                                                      PMI is reported at 55, The Surv(m) was 58                                                                                                                      PMI is reported at 50, The Surv(m) was 48</p>

CC BY-SA 4.0
2024-02-15T18:49:57.317Z
2024-02-15T18:49:57.317Z
Asma Alblooshi
<p>(This is an English language question, not an economic one. Next time consider asking at <a href="https://english.stackexchange.com/">English Language &amp; Usage</a>.)</p>
<p>A surprise is negative, if it is a bad surprise (for someone). In this context they probably mean that the revealed value of the indicator (PMI) is lower than they expected, which shows that the economy is in worse shape than they expected.</p>
<p>(For different indicators, such as the unemployment rate, it could be that the negative surprise is a higher than expected value.)</p>

CC BY-SA 4.0
2021-04-29T07:06:56.950Z
2021-04-29T07:06:56.950Z
Giskard
<p>I have a look at the meaning of &quot;negative surprise&quot; from google but there is no clear explanation so far.
When listening to Bloomberg Market Concept, in the picture, Surv(M) &lt; Actual,
while  Surv(M) is the median of analysts about what the value of economic indicator would be upon release and the Actual is the one from the official announcement. In this case, they say that it is a negative surprise.</p>
<p>I am wondering why they use the word &quot;negative surprise&quot; and whether there is any easy-to-understand explanation for this term in real life?</p>
<p><a href="https://i.sstatic.net/vcEQE.png" rel="nofollow noreferrer"><img src="https://i.sstatic.net/vcEQE.png" alt="enter image description here" /></a></p>

<macroeconomics><nonexpert>
What does negative surprise mean?
Phil Nguyen
# What does negative surprise mean?

(Asked by: username_0 on 2021-04-29)

I have a look at the meaning of "negative surprise" from google but there is no clear explanation so far.
When listening to Bloomberg Market Concept, in the picture, Surv(M) < Actual,
while Surv(M) is the median of analysts about what the value of economic indicator would be upon release and the Actual is the one from the official announcement. In this case, they say that it is a negative surprise.

I am wondering why they use the word "negative surprise" and whether there is any easy-to-understand explanation for this term in real life?

[![enter image description here](https://i.sstatic.net/vcEQE.png)](https://i.sstatic.net/vcEQE.png)

**Tags:** macroeconomics, nonexpert

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## 2 answers

### Answer by username_2 on 2021-04-29. Score: 2 | Accepted answer

(This is an English language question, not an economic one. Next time consider asking at [English Language & Usage](https://english.stackexchange.com/).)

A surprise is negative, if it is a bad surprise (for someone). In this context they probably mean that the revealed value of the indicator (PMI) is lower than they expected, which shows that the economy is in worse shape than they expected.

(For different indicators, such as the unemployment rate, it could be that the negative surprise is a higher than expected value.)


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### Answer by username_1 on 2024-02-15. Score: 0

User
which of the following scenarios would be considered a negative economic surprise?
PMI is reported at 54, The Surv(m) was 53 PMI is reported at 55, The Surv(m) was 58 PMI is reported at 50, The Surv(m) was 48


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