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December 2016 Canadian RBC manufacturing PMI 51.8 vs 51.5 prior

December 2016 Canadian RBC manufacturing PMI 3 January 2017

  • New orders 52.6 vs 52.2 prior. Highest since Dec 2014

  • Input prices 60.2 vs 59.7 prior. Highest for over 2 years

  • Employment gains for 3rd successive month

"Stronger new business growth and a rebound in energy sector spending underpinned the improved performance of Canada's manufacturing sector at the end of 2016. The latest upturn in new orders was the fastest in two years, despite a relatively subdued contribution from export sales. Moreover, the combination of increasing orders and depleted inventories in December bodes well for output growth heading into 2017." said Mike Whelan of the SCMA

Canadian manufacturing PMI

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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