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MNI BRIEF:Canada Ivey Job Index in 1st Negative Turn Since May

OTTAWA (MNI)

Canada's Ivey purchasing manager index showed a negative employment reading for the first time since May around the spring lockdown, though overall conditions remain positive.

The Ivey employment index reported Monday fell to 48.1 in November from 56.1 the prior month, with readings less than 50 suggesting a decline. The overall index declined to 52.7 from 54.5, and in April reached a record low 22.8

MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
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MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
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