The Ivey PMI for Canada rose to 57.3 in January 2020 from 51.9 in the previous month, beating market expectations of 53.3. Supplier deliveries (52.7 vs 49.3 in December) and prices (60.7 vs 59.5) increased, while inventories (50.4 vs 52.5) and employment (51.3 vs 51.4) declined. Canada Business Confidence - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Business Confidence in Canada averaged 56.97 points from 1999 until 2020, reaching an all time high of 75 points in May of 2006 and a record low of 36.10 points in January of 2009. This page provides the latest reported value for - Canada Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Richard Ivey School of Business
Business Confidence in Canada is expected to be 57.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Canada to stand at 52.00 in 12 months time. In the long-term, the Canada Business Confidence is projected to trend around 54.00 points in 2021, according to our econometric models.