Tuesday, February 4, 2014

Canadian Monthly GDP Growth

The Canadian economy grew 0.2 per cent in November, the fifth consecutive month of expanding real GDP growth. At the industry level, growth was led by rising output in the mining and oil and gas industry, while output declined in the manufacturing and wholesale trade industries.  With today's release, we now have two months of GDP data for the fourth quarter of 2013. Our quarterly tracking estimate is currently indicating that real GDP will expand between 2.5 and 3 per cent in the fourth quarter.


Copyright BCREA – reprinted with permission 

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