Slowdowns were visible in sectors like wholesale trade, finance and insurance, and construction, however there was increased activity in manufacturing, retail, accommodation, food services, general professional services and real estate services. For the month of November 2011 though the GDP shrank by 0.1%.
Overall, there was no growth in October and the economy only grew 0.2% in November. I think that with record consumer debt levels we will probably see even more slowdowns in the coming months.
In the next month the Statistic Canada will be crunching the numbers for December and we will get confirmation on whether the economy is slowing further.
Bookmark at:StumbleUpon | Digg | Del.icio.us | Dzone | Newsvine | Spurl | Simpy | Furl | Reddit | Yahoo! MyWeb
