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Economic Trends

Canadian Manufacturing Activity Down in April

In volume terms, manufacturing sales decreased 0.8% during the month.
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Industrial Production Up 0.4% in May

Manufacturing output increased 0.2% during the month.
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Wholesale Prices Up Slightly in May

The May gain came from a 0.3% increase in the wholesale price of services.
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Orders for Manufactured Technology Goods Decreased in April

April orders declined 16.5% from March.
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Manufacturing Employment Shows Little Change in May

The unemployment remained at 3.6% during the month.
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The Goods and Services Deficit Decreased in April

Year-to-date, the goods and services deficit increased 2% from the same period in 2018.
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HARDI Distributors Report 22.3 Percent Revenue Increase in April

Annualized growth through April was 12.6%.
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Manufacturing Sector Expanded in May

The May PMI registered 52.1%, a decrease of 0.7% from the April reading.
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First Quarter U.S. GDP Up 3.1% According to Second Estimate

Real gross domestic income increased 1.4% in the first quarter.
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The Conference Board Consumer Confidence Index Increased in May

The Index now stands at 134.1, up from 129.2 in April.
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