Monthly Comment from Professor P. Fraser Johnson
Director of the Ivey Purchasing Managers Index
The Ivey Purchasing Managers Index (seasonally adjusted) by the end of September 2020 stood at 54.3. The corresponding figure for September 2019 was 48.7 and for September 2018 was 50.4.
The Employment index (seasonally adjusted) for September 2020 stood at 53.8; Inventories (seasonally adjusted) 44.1; Supplier Deliveries (seasonally adjusted) were 40.7; and Prices were 60.3.
The Ivey PMI unadjusted data for the month of September 2020 is 61.1; Employment 54.9; Inventories 46.0; Supplier Deliveries 42.8; and Prices 59.4.
The Ivey Purchasing Managers Index (seasonally adjusted) by the end of August 2020 stood at 67.8. The corresponding figure for August 2019 was 60.6 and for August 2018 was 61.9. The Employment index (seasonally adjusted) for August 2020 stood at 56.1; Inventories (seasonally adjusted) 50.9; Supplier Deliveries (seasonally adjusted) were 51.3; and Prices were 57.6.
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.
