Monthly Comment from Professor P. Fraser Johnson
Director of the Ivey Purchasing Managers Index
The Ivey Purchasing Managers Index (seasonally adjusted) by the end of March 2016 stood at 50.1. The corresponding figure for March 2015 was 47.9 and for March 2014 was 55.2.
The Employment index (seasonally adjusted) for March stood at 50.7. Inventories (seasonally adjusted) 48.6, Supplier Deliveries (seasonally adjusted) were 48.5, and Prices were 58.5.
The Ivey PMI unadjusted data for the month of March is 57.9, Employment 50.7, Inventories 50.8, Supplier Deliveries 50.7, and Prices 62.0.
The Ivey Purchasing Managers Index (seasonally adjusted) by the end of February 2016 stood at 53.4. The Employment index (seasonally adjusted) for February stood at 50.3. Inventories (seasonally adjusted) 49.9, Supplier Deliveries (seasonally adjusted) were 49.4, and Prices were 57.8.
The Ivey Purchasing Managers Index shows responses to one question: "Were your purchases last month in dollars higher, the same, or lower than the previous month?"
A figure above 50 shows an increase while below 50 shows a decrease.
Please check the website http://iveypmi.uwo.ca for more information.
