Led by stronger new order growth, improving demand conditions.
Purchasing Managers Index shows new orders fall for first time since February.
But purchasing managers reported growth of new orders slowed in May.
Weaker global conditions and ongoing spending cuts in the energy sector to blame.
Ontario shows the strongest improvement of four regions.
Supply Chain Management Association cites a low Canadian dollar.
Purchasing managers’ index shows contraction among SMEs.
RBC PMI indicates a “robust improvement” in operating conditions.
But HSBC survey says export orders are off.
Manufacturing growth held steady in October despite continuing uncertainty in the global economy, according to the RBC Canadian Manufacturing Purchasing Managers Index.