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 2019 stood at 60.6. The corresponding figure for August 2018 was 61.9 and for August 2017 was 56.3.
The Employment index (seasonally adjusted) for August 2019 stood at 52.7; Inventories (seasonally adjusted) 54.8; Supplier Deliveries (seasonally adjusted) were 49.9; and Prices were 51.3.
The Ivey PMI unadjusted data for the month of August 2019 is 58.6; Employment 55.6; Inventories 54.9; Supplier Deliveries 49.4; and Prices 50.6.
The Ivey Purchasing Managers Index (seasonally adjusted) by the end of July 2019 stood at 54.2. The corresponding figure for July 2018 was 61.8 and for July 2017 was 60.0. The Employment index (seasonally adjusted) for July 2019 stood at 56.6; Inventories (seasonally adjusted) 46.9; Supplier Deliveries (seasonally adjusted) were 46.0; and Prices were 59.2.
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.
