08-January-2026
Economy News
 
Canadian Factory Downturn Lengthens as New Orders Hit a Three-Month Low
03-Jan-2026

Canada's manufacturing sector contracted for an 11th straight month in December as trade uncertainty contributed to a steeper decline in output and new orders, data showed on Friday. The S&P Global Canada Manufacturing Purchasing Managers' Index (PMI) edged up to 48.6 last month from 48.4 in November, extending its streak of readings below the 50 threshold since February. A reading below 50 indicates contraction in the sector.

News Source:- https://money.usnews.com/investing/news/articles/2026-01-02/canadian-factory-downturn-lengthens-as-new-orders-hit-a-three-month-low
 
 
 

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