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CA manufacturing downturn deepens in December

From pmi.spglobal.com

The downturn in Canada’s manufacturing sector intensified during December, with accelerated declines in both output and new orders signalled. There was also a return to job shedding, whilst confidence in the future remained subdued in the context of the survey history. Prices rose again, despite further evidence of deteriorating demand for inputs and improved supply. The seasonally adjusted S&P Global Canada Manufacturing Purchasing Managers’ Index™ (PMI®), a composite singlefigure indicator of manufacturing performance derived from indicators for new orders, output, employment, suppliers’ delivery times and ... (full story)

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  • Category: Low Impact Breaking News