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Professor Tony Frost in an Ivey Classroom

Ivey Purchasing Managers Index

LONDON, ON, January 7, 2010 - The Ivey Purchasing Managers Index by the end of December, 2009 stood at 48.4. The corresponding figure for December, 2008 was 39.1 and for December, 2007 was 45.9.

The Employment index for December stood at 49.2, Inventories 42.2, Supplier Deliveries were 42.6 and Prices were 52.5.

The Ivey PMI is not adjusted for seasonality or inflation and shows responses to one question: "Were your purchases last month in dollars higher, the same, or lower than the previous month?"

A figure above 50 shows an increase while below 50 shows a decrease.

Please check the website http://iveypmi.uwo.ca for more information.

 

About the Richard Ivey School of Business

The Richard Ivey School of Business at The University of Western Ontario (www.ivey.ca) offers undergraduate (HBA) and graduate degree programs (MBA, Executive MBA and PhD) in addition to non-degree Executive Development programs. Ivey has campuses in London (Ontario), Toronto, and Hong Kong. Ivey recently redesigned its curriculum to focus on Cross-Enterprise Leadership - a holistic issues-based approach to management education that meets the demands of today's complex global business world.

 

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For more information, please contact:
Dawn Milne, Richard Ivey School of Business, 519-850-2536, dmilne@ivey.ca