The Ivey PMI s.a (Purchasing Managers Index, seasonally adjusted) is a leading economic indicator in Canada that measures the month-to-month variation in economic activity as indicated by a panel of purchasing managers across various sectors. It provides insights into business conditions, including employment, production, new orders, and supplier deliveries. This index is crucial for assessing the health of the Canadian economy, influencing monetary policy decisions, and impacting financial markets as it can signal economic expansion or contraction. A reading above 50 indicates expansion, while below 50 suggests contraction, making it a key tool for investors and policymakers.
The Ivey PMI s.a (Purchasing Managers Index, seasonally adjusted) is a leading economic indicator in Canada that measures the month-to-month variation in economic activity as indicated by a panel of purchasing managers across various sectors. It provides insights into business conditions, includi...