Aug 8, 2025
The Ivey Purchasing Managers Index came in hotter than expectations at 55.8, the largest M/M expansion of purchasing activity since last July.
The strength was likely driven by restocking, as an increase in deliveries contributed to an inventory draw during the month.
Employment also improved, following contractions in three of the last four months amid challenging labour market conditions.
All in, a strong print - and one that’s supportive of a rebound in GDP for July.
About Bullpen: Bullpen Finance Inc. publishes content on Canadian markets and provides paid research coverage of select Canadian issuers. Bullpen is paid in cash by covered issuers, does not accept stock or options, does not hold positions in covered securities, and does not conduct investment banking business. Bullpen and LodeRock Advisors Inc. are affiliated; LodeRock provides investor relations services to issuers, some of whom are covered by Bullpen Research. When a post discusses a covered issuer, a specific disclosure appears at the top of the post. This post is published for general information purposes. It is not personalized investment advice and is not tailored to any individual reader’s circumstances. Bullpen is not a registered investment adviser or dealer. For full disclosures, including analyst certification, jurisdictional statements, and conflict of interest policies, please see our Legal & Disclosures section on our website.
