Leave a comment

RBC PMI™ hits three-month high in March driven by stronger new order gains

Solid rates of growth in output and new business were recorded across the Canadian manufacturing sector in March, according to the RBC Canadian Manufacturing Purchasing Managers’ Index™ (RBC PMI™). A monthly survey, conducted in association with Markit, a leading global financial information services company, and the Supply Chain Management Association (SCMA), the RBC PMI offers a comprehensive and early indicator of trends in the Canadian manufacturing sector

Canada’s Technology Triangle Inc.‘s insight:

Key findings from the March survey include:

  •  Solid improvement in business conditions
  •  A rebound in exports supported overall new business growth in March
  •  A weaker Canadian dollar contributed to further upturn in cost inflation

See on www.markiteconomics.com


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: