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Canada This fall capability utilization fee 78.7% versus 79.7% final quarter

  • Prior quarter 79.7% revised to 780.8%
  • Canadian industries operated at 78.7% capability in This fall, a slight lower from 78.8% in Q3 (revised from 79.7).
  • The manufacturing sector’s capability utilization fee dropped by 0.7 share factors to 76.9% in This fall, largely on account of declines in petroleum and coal product manufacturing (-4.7 share factors) and chemical manufacturing (-2.6 share factors).
  • Capability utilization within the mining, quarrying, and oil and gasoline extraction sector elevated by 1.3 share factors to 76.3% in This fall, helped by a rebound in oil sands extraction.
  • The capability utilization fee within the development sector fell by 0.7 share factors to 82.7% in This fall, with decrease engineering exercise offsetting positive factors in residential and non-residential constructing development.

This text was written by Greg Michalowski at www.forexlive.com.

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