Monday, June 11, 2007

UPDATE 1-Canada Q1 industrial capacity use rises

(Reuters) - The manufacturing sector exploited only 81.1 percent of its
production potential, unchanged from the fourth quarter of
2006. The result followed three straight declines.




The data, closely watched by the Bank of Canada for signs
the economy may be overheating, underperformed compared with
analysts' average forecast of 83.5 percent capacity use, and
was down from 85.8 percent in the same quarter a year earlier.


Read more at Reuters.com Economic News

No comments: