A tale of two economic models. Today the ‌S&P Global Canada Manufacturing Purchasing Managers’ Index (PMI) fell to 49.6 in October from 51.5 in September.  A reading above a 50.0 is expanding; while anything below a 50.0 indicates contraction or lower manufacturing. To assemble the PMI approximately 400 companies report, New Orders (30% weight), Production […]

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