Category: Canadian manufacturing

Canada Factory Activity Sees Strong Growth Despite Supply Shocks

TORONTO—Canadian manufacturing activity grew in September at a pace that was little changed from the prior month’s robust level, while global supply shocks helped to lift measures of inflation to record highs, data showed on Friday. The IHS Markit Canada Manufacturing Purchasing Managers’ Index (PMI) dipped to a seasonally adjusted 57.0 in September from 57.2…


Canadian Manufacturing Activity Increases at a Record Pace in December

TORONTO—Canadian factory activity expanded at its fastest pace on record in December as new orders and production climbed, while manufacturers grew more optimistic that output would continue to rise in 2021, data showed on Monday. The IHS Markit Canada Manufacturing Purchasing Managers’ index (PMI) rose to a seasonally adjusted 57.9 in December from 55.8 in…