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 February 2021 stood at 60.0. The corresponding figure for February 2020 was 54.1 and for February 2019 was 50.6.
The Employment index (seasonally adjusted) for February 2021 stood at 54.0; Inventories (seasonally adjusted) 57.8; Supplier Deliveries (seasonally adjusted) were 38.6; and Prices were 80.2.
The Ivey PMI unadjusted data for the month of February 2021 is 63.1; Employment 55.6; Inventories 58.7; Supplier Deliveries 37.0; and Prices 77.6.
The Ivey Purchasing Managers Index (seasonally adjusted) by the end of January 2021 stood at 48.4. The corresponding figure for January 2020 was 57.3 and for January 2019 was 54.7. The Employment index (seasonally adjusted) for January 2021 stood at 41.5; Inventories (seasonally adjusted) 56.7; Supplier Deliveries (seasonally adjusted) were 34.7; and Prices were 82.8.
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.
