Ivey PMI Index
Apr 5, 2012
Monthly Comment from Professor Michiel R. Leenders
Director of the Ivey Purchasing Managers Index
The Ivey Purchasing Managers Index (seasonally adjusted) by the end of March 2012 stood at 63.5. The corresponding figure for March 2011 was 73.2 and for March 2010 was 57.5.
The Employment index (seasonally adjusted) for March stood at 52.7, Inventories (seasonally adjusted) 45.7, Supplier Deliveries (seasonally adjusted) were 47.4 and Prices (seasonally adjusted) were 63.9.
The Ivey PMI unadjusted data for the month of March is 65.0, Employment 54.1, Inventories 50.0, Supplier Deliveries 47.9 and Prices 69.1
The Ivey Purchasing Managers Index 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.