StatsCan October GDP flat compared with September

Friday December 22, 2017
Written by The Canadian Press
Dec. 22, 2017 - Canada's economy apparently took a pause in October, with gross domestic product unchanged from the previous month.

Statistics Canada says goods-producing industries were down 0.4 per cent from September figures and service-producing industries were up 0.2 per cent.

Compared with October 2016, Canada's GDP was up 3.4 per cent overall.

The agency says nine of the 20 industrial sectors that it monitors expanded in October, including manufacturing, wholesale trade and the retail sector.

However, the agency said oil and gas extraction declined along with non-metallic mineral mining.

There were also contractions in the construction, rail transportation and pipeline transportation sectors.

News from © Canadian Press Enterprises Inc. 2017

Add comment


Security code
Refresh

Subscription Centre

 
New Subscription
 
Already a Subscriber
 
Customer Service
 
View Digital Magazine Renew

Events

Digital Industry USA
September 10-12, 2019
EMO Hannover 2019
September 16-21, 2019
Weidmuller Open House
September 17, 2019

We are using cookies to give you the best experience on our website. By continuing to use the site, you agree to the use of cookies. To find out more, read our Privacy Policy.