Produced in some 28 countries worldwide, Purchasing Managers Index (PMI) surveys have become the most closely watched of all business surveys.

By consistently providing the first indication of economic trends in each country, PMIs are followed intently by the financial markets and reported widely by the media. The high regard in which the surveys are held also serves to promote purchasing and supply chain management as a key profession in the performance of a country's economy.

PMIs have proven to be a vital, leading indicator for those who require an understanding of current economic activity. They are considered to be up-to-date, accurate and often unique monthly indicators of economic trends and are relied upon by business decision-makers, economists and government departments around the world.

Markit Canadian Manufacturing PMI

The Markit Canadian Manufacturing Purchasing Managers' Index (PMI™) is sponsored by SCMA and produced by Markit Economics, one of the leading publishers of PMI data around the world, responsible for indices over 30 countries.

The Markit Canadian PMI™ measures month-to-month changes in a number of key indicators, such as new orders, inventories, price of goods and employment. Changes are indicated through survey responses from a representative panel of purchasing management executives in the manufacturing sector across Canada.
Launched in June of 2011, the Markit Canadian PMI™ provides valuable insight into the health of the Canadian economy. It is a reliable early indicator of business optimism, as demonstrated by purchasing activity at the very outset of the production chain.

The Markit Canadian PMI™ is released on the first business day of every month at 9:30 a.m. ET.

April 3, 2017 - Manufacturing business conditions improve at fastest pace since October 2013

March 1, 2017 - Strongest manufacturing performance for more than two years

February 1, 2017 - Manufacturing PMI signals fastest growth since December 2014

January 1, 2017 - New order growth hits two-year high in December

December 1, 2016 - Manufacturing growth picks up to four-month high in November

November 1, 2016 - Slight improvement in manufacturing conditions, led by rising new orders

October 1, 2016 - Subdued manufacturing conditions continue in September

September 1, 2016 - Manufacturing PMI signals weakest improvement in business conditions for six months

August 2, 2016Manufacturing output expands at faster pace in July

July 4, 2016 - Slowest improvement in business conditions for three months in June

June 1, 2016 - Manufacturing recovery sustained in May, but new order growth slows

May 2, 2016 - Strongest improvement in manufacturing conditions since December 2014

April 1, 2016 - Canadian manufacturing sector returns to growth in March

March 1, 2016 - Slowest deterioration in manufacturing conditions for six months

February 1, 2016 - Manufacturing downturn moderates at the start of 2016

January 4, 2016 - Manufacturing performance drops to a new survey-record low in December

SCMA Thought Leadership Report

October 2014

Behind The Numbers: Issues Impacting Canada's Economy

2014oct scma report cover