Prices for manufactured products and raw materials in November were pushed up by surging petroleum prices in November, Statistics Canada reported today.From October to November, prices charged by manufacturers, as measured by the Industrial Product Price Index, rose 0.6%, a marginal increase after six straight monthly declines, StatsCan said.On a 12-month basis, the index declined […]
Initial jobless claims decline
Unrest in Nigeria blamed for hike
Construction spending rises
Manufacturing output rises 0.8%, after declining for two months
Ontario sales decline 0.5% in October
The U.S. economy grew at its fastest pace in four years during the third quarter.The U.S. Commerce Department today reported that third-quarter gross domestic product rose at an unrevised 4.9% annual rate, quicker than its solid 3.8% performance in the second quarter. Economists had called for a 5% increase in GDP growth during the third […]
Canadian wholesalers shrugged off a lacklustre October in the automotive sector to register a second straight monthly increase, Statistics Canada reported today.StatsCan said that building materials and personal and household goods drove a 0.5% rise in wholesale sales in October to $43.9 billion.Four sectors reported stronger sales, led by a 2.4% gain in building materials […]
Continuing weakness in export demand for manufactured goods
But core inflation rate continues to slow