Latest news with #purchasingmanagers
Reuters
3 hours ago
- Business
- Reuters
Canada's Ivey PMI shows activity contracting for a second straight month in May
TORONTO, June 5 (Reuters) - Canadian economic activity contracted for a second straight month in May even as a measure of employment increased, Ivey Purchasing Managers Index (PMI) data showed on Thursday. The seasonally adjusted index edged up to 48.9 last month from 47.9 in April. A reading below 50 indicates a decrease in activity. The Ivey PMI measures the month to month variation in economic activity as indicated by a panel of purchasing managers from across Canada. The gauge of employment rose to an adjusted 51.1 from 48.0 in April, while the prices index was at 66.9, down from 70.0. The unadjusted PMI rose to 53.8 from 52.3.
Wall Street Journal
3 days ago
- Business
- Wall Street Journal
Asian Manufacturing Activity Stumbles Again Under Weight of Trump Tariffs
Factory activity slowed across much of Asia in May as uncertainty over U.S. tariffs continued to cause steep declines in new orders, purchasing managers surveys show. The latest set of S&P Global purchasing managers indexes showed another pullback in manufacturing last month amid trade policy worries and subdued demand.
Times
22-05-2025
- Business
- Times
Fears for UK economy as private sector activity falls in May
Economic activity in the UK's private sector fell for the second month in a row, raising fears that the economy's strong start to the year could be wiped out in the second quarter. A closely-watched index of economic output, as measured by purchasing managers, rose to 49.4 in May, up from the 48.5 last month but still below the 50 mark that separates overall growth from contraction across the private sector. The purchasing managers' index (PMI) figure, which is a first flash estimate, is the second lowest reading in 17 months. The index is the latest worrying indicator of the health of the economy, after growth expanded at the fastest pace in two years from January to March. Since then, trade uncertainty, fears over the
