purchasing managers Index
Markit purchasing managers’ index slipped a full point to a 16-month low of 51.1 in November.
Numbers are in line with an improvement in economic growth to about a 2% pace during Q2.
January RBC PMI reading was 51.7 on a seasonally adjusted basis, down from 53.5 in December.
Output increase buoyed by rise in new order volumes, job creation and subdued input price inflation.
HSBC purchasing managers’ index shows slight expansion, a sign the economy is stabilizing.
Pressure is on Chinese leaders to reverse a deepening slowdown.
Manufacturing growth held steady in October despite continuing uncertainty in the global economy, according to the RBC Canadian Manufacturing Purchasing Managers Index.