Ivey PMI Index
May 7, 2012
Monthly Comment Professor Michiel R. Leenders
Director of the Ivey Purchasing Managers Index
The Ivey Purchasing Managers Index (seasonally adjusted) by the end of April 2012 stood at 52.7. The corresponding figure for April 2011 was 57.8 and for April, 2010 was 59.0.
The Employment index (seasonally adjusted) for April stood at 52.2. Inventories (seasonally adjusted) 56.8, Supplier Deliveries (seasonally adjusted) were 49.3 and Prices were 60.3.
The Ivey PMI unadjusted data for the month of April is 52.2, Employment 53.4, Inventories 57.3, Supplier Deliveries 50.0 and Prices 62.8.
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.