Canada Manufacturing PMI
Canada's Manufacturing PMI fell to 47.7 in September 2025 from 48.3 in August 2025. This 1.2% decrease shows a worsening contraction in factory activity. Tariffs between the US and Canada weakened demand and impacted new orders and output. The uncertain trade environment is a key factor. Canada's record low Manufacturing PMI was 45.3 in April 2025 and record high was 52.4 in February 2023.
Monthly Historical Data (2022-2025)
(in points)Recent Events
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Canada Manufacturing PMI : Definition
The Canada Manufacturing PMI from S&P Global measures the economic condition of Canada's manufacturing sector. It is calculated from survey responses of purchasing managers covering new orders, production, employment, supplier delivery times and stocks of purchases. A reading above 50 indicates expansion in manufacturing activity while a reading below 50 signals contraction.