CA GDP m/m

Real gross domestic product (GDP) grew 0.5% in April, after contracting 0.1% in March, on strength in both goods-producing and services-producing industries. Goods-producing industries rose 1.2% in April, reflecting growth in most sectors and driven by mining, quarrying, and oil and gas extraction. Services-producing industries grew 0.3%, rising for the third month in a row, driven by growth in the public sector and transportation and warehousing. Overall, 14 of the 20 industrial sectors grew in April. The mining, quarrying, and oil ...

Real gross domestic product (GDP) edged down 0.1% in March, partially offsetting February's increase (+0.2%) and driven by contractions in goods-producing industries. Goods-producing industries contracted 0.8% in March, more than offsetting February's expansion. This was the fifth decline in the last six months. The decrease in March was in large part a reflection of lower activity in the mining, quarrying, and oil and gas extraction sector and in the construction sector. Services-producing industries tempered the decline, edging up 0.1% in March, led by an increase in wholesale trade. Overall, 8 of the 20 industrial sectors contracted in March. Canada Dips Into Technical Recession for First Time Since 2020 - The Canadian economy edged into a technical recession as weak business and government spending drove a slight contraction in the first quarter. -Real gross domestic product fell by 0.1% on an annualized basis…

Real gross domestic product (GDP) was up 0.2% in February, with goods-producing industries driving the growth for the second consecutive month. Goods-producing industries grew 0.4% in February, driven by expansions in manufacturing and mining, quarrying, and oil and gas extraction. Services-producing industries edged up 0.1%, as rebounds in transportation and warehousing and wholesale trade were largely offset by contractions in the public sector. The manufacturing sector led the growth in February, rising 1.8% in the month. This was ...

Real gross domestic product (GDP) edged up 0.1% in January, following 0.2% growth in December, driven by strength in goods-producing industries. In January, goods-producing industries expanded by 0.2% for the second month in a row, as gains in mining, quarrying, and oil and gas extraction, construction and utilities more than offset a contraction in manufacturing. Meanwhile, services-producing industries were essentially unchanged in January, as increases in retail trade and finance and insurance were offset by declines in wholesale ...

Real gross domestic product (GDP) rose 0.2% in December, driven by increases in both services-producing and goods-producing industries. Services-producing industries drove the expansion in December, rising 0.2%, led by increases in wholesale trade, public sector and transportation and warehousing. Goods-producing industries increased 0.2%, driven by increases in manufacturing and utilities. Overall, 11 of the 20 industrial sectors grew in December. The manufacturing sector rose 1.2% in December, partially offsetting the back-to-back ...

Real gross domestic product (GDP) was essentially unchanged in November, following a 0.3% decline in October, as contractions in goods-producing industries offset expansions in services-producing industries. Goods-producing industries declined 0.3% in November, down for the third time in four months, driven by contractions in the manufacturing and agriculture, forestry, fishing and hunting sectors in the month. Services-producing industries edged up 0.1%, with expansions in the retail trade, educational services and transportation ...