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Canada S&P Global June manufacturing PMI 48.8 vs 49.0 prior

Canada S&P Global June manufacturing PMI 48.8 vs 49.0 prior
Prior was 49.0Output, new orders and employment all declinedLead times posted a record improvementFirms commented that market demand was subduedCompanies noted that new export orders were again down, with some firms noting lower demand from the neighbouring USAConfidence in the outlook remained positiveBacklogs of work declined for an eleventh successive month in JuneThe anticipated weakness is starting to land. I've heard anecdotal reports of layoffs in manufacturing in Canada and I expect ther... Read More
Posted: Jul 4 2023, 13:33
Author Name: forexlive
Views: 101975

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