Canada’s Economic Activity Slips as Ivey PMI Signals First Contraction in Four Months
Canada’s economic momentum weakened in March, with fresh data showing a return to contraction after several months of expansion. According to the latest Ivey Purchasing Managers Index (PMI), overall business activity fell below the critical growth threshold, indicating a decline in economic performance. The seasonally adjusted PMI dropped sharply to 49.7 in March, down from … Read more