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Canadian Economic Accounts: 1Q and March 2015
Real gross domestic product (GDP) in Canada decreased 0.1 per cent in 1Q, following growth of 0.6 per cent in 4Q 2014. This was the first negative growth rate of real GDP since 2Q 2011. On a monthly basis, real GDP by industry fell 0.2 per cent in March. Final domestic demand fell 0.4 per…
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Canada Wholesale Trade
Wholesale sales rose 0.8 per cent to $53.9 billion in March after two consecutive monthly declines, said Statistics Canada Wednesday. Higher sales were recorded in five of seven subsectors, accounting for 66 per cent of total wholesale sales. In volume terms, wholesale sales increased 1.0 per cent. Following two consecutive monthly declines, the building material…
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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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Philadelphia Fed Manufacturing Survey – April 2015
The Philadelphia Federal Reserve’s April Manufacturing Survey’s general business conditions index, released Thursday, turned slightly negative for the first time since December, falling 8 points to -1.2 in a sign that the growth in manufacturing had paused.
