Monthly decline less than expected
Lower gasoline prices offset higher prices for food
The Organization for Economic Development and Cooperation reports that trade flows continued to plunge in the first quarter of 2009.The OECD said that G7 exports fell 13.6% quarter over quarter, and imports were down 10.5%. Year-over-year exports dropped by 22.8% and imports fell 16.8% in the first quarter. In the United States, exports fell 11.5% […]
Sales drop in 17 of 21 manufacturing industries
Higher truck sales lead to overall increase
Survey results indicate that economic recovery is underway, Ontario Chamber of Commerce CEO says
Potential recovery signals are emerging in Italy and France, with indications of troughs emerging in Canada, Britain, the U.S., China and India
But while June’s drop was milder than expected, economists said the weighting to self employed and part-time positions is not encouraging
Only 23% of the business owners surveyed in June said they were performing better than three or four months ago
But the country is still lagging on key indicators of sustainable economic growth, notably labour productivity