Economy
September 30, 2014
Canadian GDP Flat in July
Written by Sandy Williams
The Canadian economy was flat in July following six months of gains according to data released by Statistics Canada on Sept. 30, 2014. GDP growth was unchanged, failing to meet economist forecasts of 0.2 to 0.3 percent growth.
Manufacturing output grew by 1 percent. Durable goods rose 1.6 percent with notable increases in transportation equipment, computer and electronic products. Non-durable goods manufacturing increased by 0.4 percent. Manufacture of chemical, petroleum and coal products fell.
