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September 29, 2017CANADA GDP BY INDUSTRY, JULY 2017 Real GDP in Canada was unchanged in June 2017, after growth of 0.3 per cent in June and eight consecutive months of positive real GDP growth.
Growth in output of goods-producing industries was -0.5 per cent in July. Mining, quarrying and oil and gas extraction (-1.2 per cent) fell as the oil and gas subsector contracted 1.8 per cent on the month. Mining and quarrying (except oil and gas) increased 0.9 per cent. Manufacturing fell 0.4 per cent as durable manufacturing contracted 0.9 per cent and non-durable manufacturing rose 0.3 per cent. Construction was down 0.5 per cent this month, as residential and repair construction fell. GDP in service-producing industries increased 0.2 per cent in July led by 2.0 per cent growth in wholesale trade but subdued performance in other subsectors.
Comparing year to date (January - July) 2017 to the same period in 2016, the Canadian economy is 3.4 per cent larger this year than last.
Goods production is up 4.9 percent with increases in all subsectors except agriculture, forestry, fishing and hunting. Gains were led by mining, quarrying and gas extraction (+13.4 per cent), utilities (+3.5 per cent), manufacturing (+3.2 per cent), and construction (+1.6 per cent).
GDP for service-producing industries is up 2.8 per cent on increases in all subsectors except management of companies and enterprises (-2.3 per cent).
Note that with this release, Statistics Canada has revised this series back to January 2016.
Statistics Canada: CANSIM table 379-0031
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