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Modest recovery in CA manufacturing performance continues in November

From markiteconomics.com

Canadian manufacturers signalled an improvement in their overall business conditions during November, which marked three months of sustained recovery. However, the degree of growth momentum remained relatively subdued. Falling export sales was a key factor acting as a headwind to manufacturing performance during the latest survey period. Business optimism regarding the year ahead outlook also dipped in November, with this index reaching its joint-lowest level since February 2016. The headline seasonally adjusted IHS Markit Canada Manufacturing Purchasing Managers’ Index® (PMI®) posted 51.4 in November, up slightly ... (full story)

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