August 23rd - 2014

Market Watch: Manufacturing sector continues to be sluggish

Manufacturers in Canada recently signalled the slowest improvement in overall business conditions in four months, largely reflecting a further moderation in output growth,

Manufacturing

Manufacturing

Manufacturers in Canada recently signalled the slowest improvement in overall business conditions in four months, largely reflecting a further moderation in output growth, according to the RBC Canadian Manufacturing Purchasing Managers’ Index report. The monthly survey offers a comprehensive and early indicator of trends in the country’s manufacturing sector. The latest numbers indicate that this sector “is still being held back by sluggish global growth,” says Craig Wright, senior vice-president and chief economist at RBC. To see the full news release, visit www.rbc.com and click on Newsroom. 

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