The Canadian Manufacturers and Exporters association has just released their March survey. Each month they survey over 700 companies on business conditions. The results for the month of March? Canadian manufacturers are more optimistic about the coming quarter than they had been about the previous portion of this year.

According to the CME group,

exactly 49 per cent of firms expect orders to decrease between March and June, down seven percentage points from February’s figure of 56 per cent. And there’s some good news for job seekers – 13 per cent of companies expect to increase employment over the next three months, up from 11 per cent in February. The number of firms who are planning lay-offs also shrunk over the past month, decreasing from 45 to 42 per cent.

Read the full survey here.