- Analytics
- News and Tools
- Market News
- Canada's private sector activity expands more than expected in March
Canada's private sector activity expands more than expected in March
The
Ivey Business School Purchasing Managers Index (PMI), measuring Canada’s
economic activity, climbed to 72.9 in March from 60.0 in February. This pointed
to the strongest expansion in economic activity since March 2011.
Economists
had forecast the indicator to increase to 60.5 in March.
A
reading above 50 signals expansion, while a reading below 50 indicates
contraction.
Within
sub-indexes, the employment measure jumped to 62.7 in March from 54.0 in the
previous month, while the inventories indicator rose to 61.7 from 57.8 and the
supplier deliveries gauge increased to 39.6 from 38.6. At the same time, the
prices index fell to 75.1 in March from 80.2 in February.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
