Tuesday, April 17, 2007

UPDATE 1-Rail strike hampers Canada Feb factory shipments

(Reuters) - Analysts surveyed by Reuters had expected a 0.5 percent rise in shipments, but the government agency said the strike had hampered the supply chain of manufacturers of chemicals, transportation equipment and nonmetallic minerals.

Chemicals fell 2.0 percent. The transportation equipment sector rose by 0.6 percent, but could risen more following down time for auto plant maintenance in January. However, the subcomponent of aerospace shipments fell 2.4 percent.


Read more at Reuters.com Economic News

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