The Ivey PMI for Canada declined to 48.7 in September 2019 from 60.6 in the previous month, well below market expectations of 54.3 and reaching its lowest level since March 2015. Inventories (50.5 from 54.8 in August) and employment (49.6 from 52.7) dropped while supplier deliveries (50.2 from 49.9) and prices (56.9 from 51.3) increased. Business Confidence in Canada averaged 57.01 Index Points from 1999 until 2019, reaching an all time high of 75 Index Points in May of 2006 and a record low of 36.10 Index Points in January of 2009.

Business Confidence in Canada is expected to be 55.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Canada to stand at 54.50 in 12 months time. In the long-term, the Canada Business Confidence is projected to trend around 54.00 Index Points in 2020, according to our econometric models.

Canada Business Confidence
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-07-05 02:00 PM Ivey PMI s.a Jun 52.4 55.9 55.0 54
2019-08-07 02:00 PM Ivey PMI s.a Jul 54.2 52.4 53.0 51.8
2019-09-06 02:00 PM Ivey PMI s.a Aug 60.6 54.2 53 53.9
2019-10-04 02:00 PM Ivey PMI s.a Sep 48.7 60.6 54.3 58
2019-11-06 03:00 PM Ivey PMI s.a Oct 48.7 50.2
2019-12-05 03:00 PM Ivey PMI s.a Nov


Canada Business Last Previous Highest Lowest Unit
Business Confidence 48.70 60.60 75.00 36.10 Index Points [+]
Manufacturing PMI 51.00 49.10 57.10 47.50 [+]
Industrial Production -1.12 1.34 10.26 -14.52 percent [+]
Industrial Production Mom -0.84 -0.68 3.33 -3.50 percent [+]
Manufacturing Production -1.15 -0.24 11.77 -17.31 percent [+]
Capacity Utilization 83.30 81.10 87.30 72.70 percent [+]
New Orders 55797950.00 56779434.00 63214073.00 14816411.00 CAD THO [+]
Changes in Inventories 14022.00 19546.00 24252.00 -21563.00 CAD Million [+]
Bankruptcies 177.00 250.00 872.00 177.00 Companies [+]
Corporate Profits 90428.00 84357.00 97553.00 -758.00 CAD Million [+]
Car Registrations 177238.00 189850.00 220436.00 19807.00 Units [+]
Leading Economic Index 0.00 0.20 1.20 -1.40 percent [+]
Internet Speed 16205.66 14855.09 16205.66 3293.95 KBps [+]
IP Addresses 15582991.00 15135509.00 15582991.00 8092964.00 IP [+]
Wholesale Sales 1.70 0.70 6.90 -5.30 percent [+]
Steel Production 1060.00 1120.00 1534.00 349.00 Thousand Tonnes [+]
Mining Production -4.36 0.30 23.15 -16.41 percent [+]
Manufacturing Sales -1.30 -1.40 6.60 -9.20 percent [+]
Competitiveness Index 79.59 79.92 80.00 5.20 Points [+]
Competitiveness Rank 14.00 12.00 15.00 9.00 [+]
Corruption Index 81.00 82.00 92.00 81.00 Points [+]
Corruption Rank 9.00 8.00 14.00 5.00 [+]
Crude Oil Rigs 132.00 142.00 715.00 32.00 [+]
Ease of Doing Business 22.00 18.00 22.00 8.00 [+]


Canada Business Confidence

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 Ivey Business School at Western University. 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.A headline value above 50 indicates an increase in purchases from the previous month and a value below 50 indicates a decrease. This page provides the latest reported value for - Canada Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Canada Business Confidence - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
48.70 60.60 75.00 36.10 1999 - 2019 Index Points Monthly




Country Last Previous
Australia 0.00 Sep/19
Brazil 59.40 Sep/19
Canada 48.70 Sep/19
China 49.80 Sep/19
Euro Area -0.22 Sep/19
France 102.00 Sep/19
Germany 94.60 Sep/19
India 112.80 Sep/19
Indonesia 108.81 Jun/19
Italy 98.80 Sep/19
Japan 5.00 Sep/19
Mexico 50.30 Sep/19
Netherlands 3.30 Sep/19
Russia -2.00 Sep/19
Saudi Arabia 3.00 Jun/16
Singapore -11.00 Jun/19
South Africa 21.00 Sep/19
South Korea 71.00 Sep/19
Spain -5.30 Sep/19
Switzerland 93.20 Sep/19
Turkey 98.80 Sep/19
United Kingdom -32.00 Sep/19
United States 47.80 Sep/19


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