RBC Purchasing Managers Index

RBC purchasing managers index: The RBC purchasing managers index came in at 52.1 for August, little changed from July's reading of 52, according to CTV. It also found that both output and new orders rose at modest rates in August, reflecting greater client demand in both the domestic and export markets and TORONTO -- The Royal Bank TSX:RY says expansion in Canada's manufacturing sector continued in August for a fifth consecutive month, but the rate of growth was modest and below average. However, the monthly survey, conducted in association with Markit, remained above 50, which means the manufacturing sector continued to expand. (www.immigrantscanada.com). As reported in the news.