Canada manufacturing growth cools in September
Outerwear ready for shipping is seen Canada Goose Parka packed in boxes on the manufacturing floor of Canada Goose’s facility in Toronto January 17, 2012. REUTERS/Fred ThornhillTORONTO, The pace of growth in the Canadian manufacturing sector cooled last month as production slowed and new orders for exports stalled, data Canada Goose Coats On Sale showed on Wednesday.
The RBC Canadian Manufacturing Purchasing Managers’ canadian goose jacket index (PMI), a measure of manufacturing business conditions, fell to a seasonally adjusted 53.5 canada goose outlet toronto factory in September, pulling back from the nine month cheap Canada Goose high of 54.8 seen in August. A reading above 50 shows growth in the sector.
Despite the buy canada goose jacket cheap dip, Canada’s manufacturing sector continued to show strength, said Craig Wright, chief economist at RBC.
Output slowed to 53.6 from 56.5, while new canada goose outlet store locations orders hit a four month canada goose clearance sale low at 53.7.
While companies generally pointed to improving business conditions and greater demand from clients, some cited weaker export sales at their plants. The gauge of new export orders flatlined at 50.
Input prices rose to 58.6 but remained well below 2014’s average so far of 62.4.
(Reporting by Leah Schnurr, Editing by Chizu Nomiyama)
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