Source: The Canadian Press
Statistics Canada says its index of leading indicators of economic growth rose 0.5% in August.
This matches its average increase over the previous two months.
The agency says manufacturing continues to push growth.
Orders for durable manufactured goods rose 5.2%, continuing growth which began last November.
The housing index declined 4%, which in turn pushed furniture and appliance sales down for a second straight month.
Spending on other durable goods rebounded one per cent after five straight monthly decreases.
Index of leading indicators rose 0.5% in August: StatsCan
Manufacturing continues to push growth
- By: The Canadian Press
- September 22, 2010 September 22, 2010
- 08:48