Canada July constructing permits -0.1% vs +4.0% anticipated

• Prior was -9.0%
• Permits -8.2% y/y
• Residential construction intentions rose $268.3 million to $7.3 billion in July
• Non-residential building permits decreased $279.2 million to $4.6 billion in July

From the separate report on capacity utilization:

• Q2 utilization 79.3% vs 78.8% expected
• Q1 was 80.1%
• Manufacturing capacity 79.3% vs 79.9% prior

This article was written by Adam Button at investinglive.com.