RBC Canadian Manufacturing Purchasing Managers' Index PMI

RBC Canadian Manufacturing Purchasing Managers' Index PMI: The RBC Canadian Manufacturing Purchasing Managers' Index PMI , a measure of manufacturing business conditions, fell to a seasonally adjusted 53.5 last month from 55.3 in November. , according to Reuters. The forward-looking new orders component slipped to 55 from 58, while the employment measure dipped to 51.6 from 52.8. TORONTO - An index measuring the pace of growth in Canada's manufacturing sector pulled back to a four-month low in December as the rate of new orders and employment cooled, data showed on Thursday. A reading above 50 shows growth in the sector. Manufacturing activity has been expanding for nine months in a row. It hit a 2-1/2-year peak in October. (www.immigrantscanada.com). As reported in the news.