Canada's Ivey PMI shows activity contracting in November as employment falls

Investing.comThursday, December 4, 2025 at 3:30:32 PM
Canada's Ivey PMI shows activity contracting in November as employment falls
  • Canada's Ivey Purchasing Managers' Index (PMI) indicated a contraction in economic activity for November, reflecting a decline in employment levels. This downturn aligns with broader economic challenges faced by the country, as the services PMI also fell to a five-month low during the same period.
  • The contraction in the Ivey PMI is significant as it suggests weakening business confidence and a potential slowdown in economic growth, which could impact investment decisions and overall market sentiment in Canada.
  • This development is part of a larger trend of declining economic indicators across North America, with the U.S. also reporting significant job losses and a slowdown in the services sector. The contrasting positive signals from other regions, such as the Euro zone's business activity expansion, highlight the uneven recovery patterns in the global economy.
— via World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended apps based on your readingExplore all apps
Continue Readings
Sachs Adam David, president at Vicarious Surgical, sells $1366 in stock
NeutralFinancial Markets
Adam David Sachs, president of Vicarious Surgical, has sold $1,366 worth of stock in the company, a transaction reported by Investing.com. This sale reflects Sachs' financial decisions regarding his stake in Vicarious Surgical, which specializes in robotic-assisted surgical technologies.
T-Mobile declares $1.02 per share dividend payable in March 2026
NeutralFinancial Markets
T-Mobile has announced a dividend of $1.02 per share, which is set to be payable in March 2026. This decision reflects the company's ongoing strategy to provide returns to its shareholders amidst a competitive telecommunications market.
Japan October household spending falls at fastest pace in nearly 2 years
NegativeFinancial Markets
Japan's household spending in October has declined at the fastest rate in nearly two years, signaling a significant downturn in consumer confidence and economic activity. This drop reflects the challenges faced by households amid rising costs and economic uncertainty.
Cooper earnings beat by $0.04, revenue topped estimates
PositiveFinancial Markets
Cooper reported earnings that exceeded expectations by $0.04, with revenue also surpassing estimates, indicating a strong financial performance in its latest earnings report. This positive outcome reflects the company's effective operational strategies and market positioning.
IDT earnings beat by $0.03, revenue topped estimates
PositiveFinancial Markets
IDT reported earnings that exceeded expectations by $0.03, with revenue also surpassing estimates, reflecting a strong financial performance. This positive outcome was highlighted in their latest earnings announcement, which has garnered attention from investors and analysts alike.
KNOT Offshore Partners LP earnings beat by $0.22, revenue topped estimates
PositiveFinancial Markets
KNOT Offshore Partners LP reported earnings that exceeded expectations by $0.22, with revenue also surpassing estimates, indicating a strong financial performance for the company. This announcement reflects the company's effective operational strategies in a competitive market.
Hudson Pacific updates Q4 FFO outlook after property sale
NeutralFinancial Markets
Hudson Pacific has updated its fourth-quarter funds from operations (FFO) outlook following the recent sale of a property, indicating a strategic adjustment in its financial projections. This update reflects the company's response to market conditions and asset management decisions.
Stellantis Is in Default for Moving Jeep Production to U.S., Canada Says
NegativeFinancial Markets
Stellantis has been declared in default by Canada for moving Jeep production from Ontario to the U.S., a decision made to align with the preferences of President Trump. This shift has resulted in the company defaulting on contracts worth hundreds of millions of dollars in assistance.