Current Canada Ivey PMI: 53 (N/A vs last year)
Feb 2025
The Ivey PMI is a key economic indicator used to gauge the health of the manufacturing sector in Canada.
It is based on a monthly survey of purchasing and supply executives across the country, providing insights into economic trends and the overall direction of the Canadian economy.
The Ivey PMI specifically measures the economic activity within the manufacturing sector, focusing on metrics such as production, new orders, supplier deliveries, inventories, and employment.
A reading above 50 indicates that the manufacturing sector is expanding. A reading below 50 suggests contraction. A reading of exactly 50 signals no change in activity.
A reading above 50 indicates that the manufacturing sector is expanding. A reading below 50 suggests contraction. A reading of exactly 50 signals no change in activity.