Wholesale sales up 2.3% in July
Moderation in inflation leaves room for Fed to cut interest rates
Fourth straight monthly increase
Wholesale inflation rate drops
Canadian industries operated at 78.9% of their capacity in the second quarter of 2008, down from 79.6% in the first quarter.It was the fourth straight quarterly drop as the automotive and forestry sectors saw a continued drop in demand from abroad, Statistics Canada said.The drop, which affected all sectors in the second quarter, was less […]
U.S. trade gap swells
U.S. wholesale inventories climb
The value of building permits rose 1.8% to $6.4 billion in July, mainly due to multi-family dwelling permits in Ontario, Quebec and Manitoba and industrial construction plans in Saskatchewan, Statistics Canada said today.The value of building permits in the residential sector rose 2.7% to $3.7 billion, while the value of permits in the non-residential sector […]
Labour market under pressure
Annual inflation rise in the OECD rises to 4.8% in July