Increase was price-driven, StatsCan says
Wholesale sales fell 0.6% to $41 billion in February, Statistics Canada said Tuesday. Declining sales in the machinery and equipment trade group and the “other products” sector were major factors contributing to this decrease.In terms of the volume of sales, wholesale sales were flat, StatsCan said.The government agency said the decline in sales reflected both […]
Drop in gasoline prices offset increases in food and shelter
Sales by motor vehicle manufacturers up 35%
Canadians put spending plans on hold: report
Overall lending conditions continue to tighten
Prices for new homes drop
Largest declines from non-residential sector in Ontario
Home prices in the United States dropped by the sharpest annual rate on record in January.The Standard & Poor’s/Case-Shiller 20-city housing index released Tuesday tumbled by a record 19% from January 2008.It was the largest decline since the index started in 2000. The 10-city index dropped 19.4%, also a record.All 20 cities in the report […]
Manufacturing activity declines for sixth straight month