The 2020 Mid-Year Economic Update_long

Day: December 13, 2007

Canadian Manufacturing Sales Edge Up 0.1% in October

Source: Statistics Canada

Manufacturing sales edged up&nbsp ; 0.1% in October, basically holding steady after decreasing in five of the six previous months. Sales of manufactured goods increased&nbsp ; $38&nbsp ; million, reaching&nbsp ; $50.2&nbsp ; billion from&nbsp ; $50.1&nbsp ; billion in September.

Using constant dollars, which take price fluctuations into account, the volume of sales increased&nbsp ; 1.1% to&nbsp ; $50.1&nbsp ; billion in October. The Industrial Product Price Index, which is a major component in calculating the constant dollar value, dropped&nbsp ; 1.1% in October. Despite difficulties for manufacturers presented by the strengthening exchange rate, constant dollar sales were&nbsp ; 3.2% higher ...

Wholesale Prices Rise 3.2% in November

Wholesale prices rose 3.2 percent in November, the Bureau of Labor Statistics of the U.S. Department of Labor reported. The gain followed increases of 0.1 percent in October and 1.1 percent in September.
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At the earlier stages of processing, prices for intermediate goods moved up 3.7 percent after rising 0.1 percent in the prior month, while the crude goods index increased 8.7 percent following a 2.4-percent advance in October.
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The acceleration in the finished goods index was led by prices for energy goods, which surged 14.1 percent in November following a 0.8-percent decrease in October. Prices for finished goods excluding foods and energy, or core inflation, rose 0.4 percent after no change in the preceding month. By contrast, prices for finished ...

U.S. PT/MC Sales Up in October

U.S. distributors'sales of PT/MC products have fluctuated all year, with six out of ten months of positive growth in sales, according to the Power Transmission Distributors Association's October 2007 trend data.&nbsp ; October sales came in at 5.3 percent over September sales.

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Year-to-year comparisons have been in the positive all year; sales in October 2007 came in
9.4 percent higher than in October 2006. Accounts receivable collection days decreased 6.8 percent over September 2007. The October 2007 confidence index for U.S. distributors dropped to 6.2 (on a 10-point scale) after holding steady at 6.6. for the past seven months.
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Canadian distributors'sales in PT/MC products on a month-to-month comparison matched the performance of their U.S. ...