Canada S&P Global Manufacturing PMI below forecasts (53.6) in August: Actual (48.7)

Sep 1, 2022

Fed will be forced to hike US economy into a recession in 2023 – Danske Bank

Despite the recession fears, the US economy performed relatively well over the summer. But in the view of economists at Danske Bank, the Federal Reser

Canada: S&P Manufacturing PMI drops to 48.7 in August vs. 53.6 expected

The business activity in Canada's manufacturing sector contracted in August with the S&P Global Manufacturing PMI dropping to 48.7 from 52.5 in July.