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- Canada's private sector activity growth again accelerates in September - Ivey
Canada's private sector activity growth again accelerates in September - Ivey
The
Ivey Business School Purchasing Managers Index (PMI), measuring Canada’s
economic activity, rose to 70.4 in September from 66.0 in August. This was the highest
reading since June.
A reading above 50 signals expansion, while a reading below 50 indicates contraction.
Within
sub-indexes, the prices index increased to 79.1 in September from 69.7 in the
previous month, while the supplier deliveries gauge increased to 36.5 from 34.2
but still remained in contraction territory. At the same time, the employment
measure fell to 63.7 from 66.9, and the inventories indicator dropped to 57.7
from 60.3.
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