The Ivey Purchasing Managers Index (PMI) sponsored by the Richard Ivey School of Business and the Canadian Management Association surged from 41.4 points in January to 69.3 points in February. The reading represented the best result since October 2010 and came in well above market expectations, which had the index increasing to 51.7 points. On a seasonally adjusted basis, the Ivey PMI increased to 70.8 points in February. With the February increase, the PMI jumped above the 50-point threshold, indicating that manufacturing production is expanding. The substantial improvement in the index was mostly driven by better results in the prices and employment components.
Purchasing managers index soars in February
March 4, 2011
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Canada Economic News
October 11, 2016
The Teranet-National Bank National Composite House Price index rose 0.7% in September from the previous month, which followed the 1.5% increase in August.
October 8, 2016
Seasonally-adjusted annualized housing starts registered 220,600 units in September, according to the government-owned Canada Mortgage and Housing Corporation (CMHC).
October 7, 2016
The Ivey Purchasing Managers’ Index (PMI), sponsored by the Richard Ivey School of Business and the Purchasing Management Association of Canada, increased a seasonally-adjusted 6.1 points in September, rising from 52.3 in August to 58.4.
September 30, 2016
In July, GDP grew a strong 0.5% over the previous month in seasonally-adjusted terms.
September 23, 2016
In August, seasonally-adjusted consumer prices recorded a 0.1% decrease over the previous month, which was down from the flat figure recorded in July and marked the lowest reading in six months.