---
source: Ivey Business School, Western University
url: https://iveypmi.uwo.ca/
document_type: html
date_retrieved: 2026-04-07
period: March 2026
parent_publication: Ivey Purchasing Managers Index
indicators_covered: [Ivey Purchasing Managers Index, Ivey Employment Index, Ivey Inventories Index, Ivey Supplier Deliveries Index, Ivey Prices Index]
---

# Ivey Purchasing Managers Index — March 2026 (Seasonally Adjusted)

The Ivey Purchasing Managers Index (PMI) is an economic index which measures the month to month variation in economic activity as indicated by a panel of purchasing managers from across Canada, and is prepared by the Ivey Business School. Using end of the month data it covers all sections of Canada's economy.

Findings indicate that the Ivey PMI provides predictive power for forecasting Canadian macroeconomic activity.

## Key Results

| Index | March 2026 | February 2026 | March 2025 |
|-------|------------|---------------|------------|
| **Ivey Purchasing Managers Index** | **49.7** | 56.6 | 51.3 |
| Ivey Employment Index | 51.1 | 49.4 | 48.2 |
| Ivey Inventories Index | 49.4 | 57.2 | 53.0 |
| Ivey Supplier Deliveries Index | 38.8 | 45.2 | 43.2 |
| Ivey Prices Index | 75.7 | 63.4 | 75.6 |

The Ivey Purchasing Managers Index (Business Confidence) came in at 49.7 in March 2026, down from 56.6 in February 2026 and below the March 2025 value of 51.3. This indicates a contraction in business activity as the index fell below the 50-point threshold that separates expansion from contraction.