Canada Business Confidence

The seasonally adjusted Ivey PMI in Canada declined to 55 in February of 2017 from 57.2 in the previous month and below market expectations of 58.9. Supplier deliveries dropped to 45.9 from 46.6 in January and prices rose less to 61.1 from 70.1. On the other hand, inventories increased (51.4 from 46.4 in January) and employment expanded further (54.5 from 53.5). Business Confidence in Canada averaged 56.79 from 1999 until 2017, reaching an all time high of 75 in May of 2006 and a record low of 36.10 in January of 2009.

Canada Business Confidence

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The Ivey Purchasing Managers Index (PMI) is an economic index which measures the month to month variation in economic activity as indicated by a panel of purchasing managers from across Canada, and is prepared by the Ivey Business School at Western University. The PMI includes both the public and private sectors and is based on month end data Ivey PMI panel members indicate whether their organizations activity is higher than, the same as, or lower than the previous month across the following five categories: purchases, employment, inventories, supplier deliveries and prices.A headline value above 50 indicates an increase in purchases from the previous month and a value below 50 indicates a decrease. This page provides the latest reported value for – Canada Business Confidence – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Canada Business Confidence – actual data, historical chart and calendar of releases – was last updated on March of 2017.