✉news BusinessEconomy first seen 19 h ago, last 18 h ago, peak #22
Canada's economy stalls in July on weak manufacturing and trade
Original: Canada economy stalls in July as manufacturing and trade weaken
Canada's economy showed no growth in July, according to new data, as output in the manufacturing sector weakened and trade activity slowed. The flat reading raises concerns about the momentum of the Canadian economy heading into the autumn, with analysts watching whether weakness in goods-producing and export sectors extends into the coming months.
Why now: Fresh monthly GDP data showing stagnation is raising concerns about Canada's economic outlook.
Evidence
- Canada economy stalls in July as manufacturing and trade weaken · Yahoo Finance
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