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 August 2018 stood at 61.9. The corresponding figure for August 2017 was 56.3 and for August 2016 was 52.3.
The Employment index (seasonally adjusted) for August 2018 stood at 59.6; Inventories (seasonally adjusted) 53.0; Supplier Deliveries (seasonally adjusted) were 45.3; and Prices were 71.5.
The Ivey PMI unadjusted data for the month of August 2018 is 61.3; Employment 62.0; Inventories 53.3; Supplier Deliveries 45.5; and Prices 70.6.
The Ivey Purchasing Managers Index (seasonally adjusted) by the end of July 2018 stood at 61.8. The corresponding figure for July 2017 was 60.0 and for July 2016 was 57.0.
The Employment index (seasonally adjusted) for July 2018 stood at 55.3; Inventories (seasonally adjusted) 56.2; Supplier Deliveries (seasonally adjusted) were 46.6; and Prices were 71.1.
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.
