Mike Leenders, Director
The Ivey Purchasing Managers Index (PMI) is an economic index which measures the month to month variation in economic activity as indicated by a panel of purchasing managers from across Canada, and is prepared by the Richard Ivey School of Business at Western University. The Ivey Purchasing Managers Index is often referred to as the Purchasing Managers Index/PMI.
The PMI is provided in two formats, unadjusted and seasonally adjusted. It 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.
The Ivey PMI measures month to month changes in dollars of purchases as indicated by a panel of purchasing managers have been carefully selected geographically and by sector of activity to match the Canadian economy as a whole. The PMI includes both the public and private sectors and is based on month end data Ivey PMI panel members indicate whether their organizations activity is higher than, the same as, or lower than the previous month across the following five categories: purchases, employment, inventories, supplier deliveries and prices.
Please see our homepage for the current month's results. Historic data from 2001 to present is also available.
Professor Michiel R. Leenders
Professor Michiel R. Leenders has been the director of the Ivey PMI since its inception. He has been recognized with the Financial Post Leaders in Education Award and several other prestigious academic awards.