| Indicator | Value |
|---|---|
| Forecast | 59.1 |
| Previous | 58.2 |
The Ivey PMI is an indicator of activity in the services sector in Canada, based on surveys conducted among purchasing managers. A value above 50 indicates expansion, while a value below indicates contraction. It is a significant indicator for assessing the condition of the Canadian economy.
Watchlist: DXY reaction, Canadian bond yields, volatility in the commodities market
Related Topics
Related Analysis
Further Reading
- Federal Open Market Committee — Federal Reserve
- Employment Situation Summary — Bureau of Labor Statistics
- Commodity Markets — World Bank