Canada Manufacturing PMI Contracted to 49.6 in October
The manufacturing PMI fell to 49.6, with output declining and new orders posting their sharpest drop in more than a year.
HEADLINESManufacturing Sector PMI Slipped Into Contraction Territory at 49.6 in OctoberCanadian manufacturers are struggling under the weight of tariffs and broader uncertainty, with activity squeezed last month by a decline in output and the sharpest drop in new orders in more than a year, data sh…