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Canada: Manufacturing sales edged down 0.1% in October to $58.2 billion

"Manufacturing sales edged down 0.1% in October to $58.2 billion, following four increases in the previous five months," Statistics Canada reported today.

  • Overall, sales were down in 7 of 21 industries, representing 40.5% of the manufacturing sector.
  • Sales of durable goods decreased 0.9% to $30.0 billion, while sales of non-durable goods rose 0.7% to $28.3 billion.
  • Constant dollar sales increased 0.2%, indicating a higher volume of goods sold.
  • The capacity utilization rate (not seasonally adjusted) for the manufacturing sector declined 1.2 percentage points, from 81.9% in September to 80.7% in October.

US: Housing starts rose 3.2% in November following October's 1.6% decline

"Privately‐owned housing starts in November were at a seasonally adjusted annual rate of 1,256,000.  This is 3.2 percent above the revised October est
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Riksbank Preview: Rates going up in December? - ING

After Riksbank gave clear indication in its September meeting, about the rates going up in either December or February, the December meeting will be w
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