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Canada Manufacturing Sales: March 2015
Manufacturing sales in Canada rose 2.9 per cent to $51 billion in March, the second increase in six months. An increase in the production of aerospace products and parts coupled with gains in the motor vehicle industry generated higher sales for the month. Partially offsetting the advance was a drop in sales of fabricated metal…
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US Industrial production and Capacity Utilization – March 2015
Industrial production in the US decreased 0.6 per cent in March after increasing 0.1 per cent in February. For 1Q 2015, industrial production declined at an annual rate of 1.0 per cent, the first quarterly decrease since 2Q 2009. The decline last quarter resulted from a drop in oil and gas well drilling and servicing…
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Canada and US Trade Data: 1Q 2015
Export Development Canada’s annual report, released Wednesday, shows Canadian exports rose 5.7 per cent in 2014 over 2013, with 7,400 companies and investors tying into EDC services. The agency’s customer base increased 3.7 per cent over the same period. Elsewhere, Canada’s merchandise trade deficit narrowed in February as prices for exported energy recovered from the…
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US Leading Economic Index: January 2015
Suggesting a positive short-term outlook, the Conference Board released a report Thursday showing a modest increase by its index of leading US economic indicators in the month of January. The Conference Board said the leading economic index edged up by 0.2 per cent in January following a downwardly revised 0.4 per cent increase in December.…
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Canada and US International Trade: December 2014
Canada’s imports increased by 2.3 per cent in December and exports rose 1.5 per cent, according to Statistics Canada Thursday. As a result, Canada’s merchandise trade deficit with the world widened from $335 million in November to $649 million in December. Meanwhile, the US goods and services deficit was US$46.6 billion in December, up from…
