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 January 2019 stood at 54.7. The corresponding figure for January 2018 was 55.2 and for January 2017 was 57.2.
The Employment index (seasonally adjusted) for January 2019 stood at 51.8; Inventories (seasonally adjusted) 53.6; Supplier Deliveries (seasonally adjusted) were 41.7; and Prices were 57.4.
The Ivey PMI unadjusted data for the month of January 2019 is 49.5; Employment 47.3; Inventories 51.8; Supplier Deliveries 40.4; and Prices 62.2.
The Ivey Purchasing Managers Index (seasonally adjusted) by the end of December 2018 stood at 59.7. The corresponding figure for December 2017 was 60.4 and for December 2016 was 60.8. The Employment index (seasonally adjusted) for December 2018 stood at 54.0; Inventories (seasonally adjusted) 52.5; Supplier Deliveries (seasonally adjusted) were 43.8; and Prices were 64.6.
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.
