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 2021 stood at 70.4. The corresponding figure for September 2020 was 54.3 and for September 2019 was 48.7.
The Employment index (seasonally adjusted) for September 2021 stood at 63.7; Inventories (seasonally adjusted) 57.7; Supplier Deliveries (seasonally adjusted) were 36.5; and Prices were 79.1.
The Ivey PMI unadjusted data for the month of September 2021 is 64.5; Employment 63.0; Inventories 57.0; Supplier Deliveries 34.9; and Prices 79.5.
The Ivey Purchasing Managers Index (seasonally adjusted) by the end of August 2021 stood at 66.0. The corresponding figure for August 2020 was 67.8 and for August 2019 was 60.6. The Employment index (seasonally adjusted) for August 2021 stood at 66.9; Inventories (seasonally adjusted) 60.3; Supplier Deliveries (seasonally adjusted) were 34.2; and Prices were 69.7.
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.
