Commonground
Senior Moderator
August 7, 2024
The Ivey Purchasing Managers Index in Canada eased to 57.6 in July 2024 from 62.5 in the prior month and missing forecasts of 60. This marks the 12th consecutive month of solid economic growth, though it has slowed, with the prices index dropping to 59.2, its lowest since March and below June's 62.3. Meanwhile, the gauge of employment rose by 3.2 points from June at 56.1, and the inventories index increased by 2.1 points to 54.8. In the meantime, the deliveries index fell by 2.2 points to 46.4. The unadjusted PMI also decreased to 55.3 in July from 62.4 in the prior month. source: Ivey Business School
https://tradingeconomics.com/canada/business-confidence
The Ivey Purchasing Managers Index in Canada eased to 57.6 in July 2024 from 62.5 in the prior month and missing forecasts of 60. This marks the 12th consecutive month of solid economic growth, though it has slowed, with the prices index dropping to 59.2, its lowest since March and below June's 62.3. Meanwhile, the gauge of employment rose by 3.2 points from June at 56.1, and the inventories index increased by 2.1 points to 54.8. In the meantime, the deliveries index fell by 2.2 points to 46.4. The unadjusted PMI also decreased to 55.3 in July from 62.4 in the prior month. source: Ivey Business School
https://tradingeconomics.com/canada/business-confidence