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Gross domestic product by industry, September 2021
Real gross domestic product (GDP) edged up 0.1% in September, as declines largely concentrated in manufacturing, construction and retail trade were more than offset by broad-based expansions in services-producing industries as well as in mining, quarrying and oil and gas extraction. Preliminary information indicates that real GDP rebounded in October, up 0.8% with increases in most sectors. Manufacturing led the growth after contracting in September due in part to the effects of the semiconductor shortage. Other notable increases were in public sector, construction, finance and insurance, and transportation and ... (full story)
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Canada: Real GDP expands by 0.1% in September vs. 0.1% expected
Canada's Real Gross Domestic Product (GDP) expanded at a monthly rate of 0.1% in September, data published by Statistics Canada showed on Tuesday. This reading was in line with the market expectation for a growth rate of 0.1% MoM. The annualised pace of GDP growth in Q3 was also released and came in at 5.4%, significantly above expectations for a growth rate of 3.0%. This in part owes to a positive revision to the MoM pace of GDP growth in August to 0.6% from 0.4%.