Highlights of IVEY PMI for August

  • Prior month 61.8
  • PMI 61.9 vs 61.4 estimate.
  • Not seasonally adjusted 61.3 vs 56.7 previous

There was a time when this report was a market mover but those days are gone, with the Markit PMI taking the lead now.

I will say for a number that can whip around, the last few months has been steady over the last few months.