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Trade News

Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.

 

StatsCan Indicators

Monday, September 25, 2006 > 14:07:08
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(Canadian Press - via i.e. Canada News)

The growth of the leading indicator continued to moderate, edging up 0.2 per cent in August after increases of 0.3 per cent in the previous two months.

These gains were less than half the progressions posted in March, April and May but seven of the 10 components still managed to rise in August, up from five in July.

While household spending softened, business spending remained strong, and manufacturing weaknesses appeared to moderate.

Household spending, a bulwark of domestic demand in the first half of the year, weakened over the summer.

The largest reversal was in the housing index, which fell 2.5 per cent as a result of a sharp drop in housing starts and a levelling off of house sales.

The slowdown in housing restrained the growth of furniture and appliance sales to their slowest increase so far this year- 0.5 per cent - while sales of other durable goods also moderated.
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