Core inflation rate dips below 2%
Statistics Canada today reported that wholesale sales rebounded in May after declining in April.The government agency said wholesale sales 0.9% in May to $41.8 billion, after declining 0.3% in April, with more than half the May increase in the automotive sector.With auto sales excluded, wholesale sales rose 0.5%.The agency said wholesalers of auto products saw […]
Housing starts decline
Consumer spending drives increase
Removal of foreign content limit spurs buying
U.S. industrial production rises 0.8% in June
Jump in aerospace production masks declines in petroleum and motor vehicle sectors
First decline in four months
Total economic growth this year projected to be 3.2%