Economy stalled in November and may have contracted in Q4: StatCan
Manufacturing output dropped 1.3% in November due to a semiconductor shortage and U.S. tariffs, offsetting gains in services and retail sectors, Statistics Canada said.
- Statistics Canada reported that the Canadian economy stalled in November, with real GDP growth flat after a 0.3% decline in October.
- Manufacturing and wholesale trade sectors faced declines, with auto production hampered by a semiconductor shortage and durable goods manufacturing at its lowest level since 2011 outside the COVID-19 pandemic.
- StatCan's early estimates suggest real GDP increased 0.1% in December, but the economy likely contracted 0.5% in the final quarter of 2025, marking a sharp swing from 2.6% growth in the third quarter.
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38 Articles
Economy stalled in November, may have contracted in Q4 amid manufacturing decline
OTTAWA — A beleaguered manufacturing sector was weighing on the economy heading into the end of 2025, Statistics Canada said Friday. Real GDP growth was flat in November, rebounding somewhat from a decline of 0.
Economy Flat in November With Possible Q4 Contraction: StatCan
The economy experienced a slowdown in November, and preliminary estimates indicate a decrease in real gross domestic product (GDP) for the last quarter of 2025, Statistics Canada says. Real GDP growth remained unchanged in November, showing a slight recovery from a decrease of 0.3 percent in October, StatCan said in its Jan. 30 report. StatCan reported that declines in activity within goods-producing industries were balanced by growth in the ser…
Statistics Canada reports that economic growth stagnated in November, with the decline in the manufacturing sector weighing on the real gross domestic product (GDP) of the month.
Canada's economy stalled in November
Canada's economic growth stalled in November as growth in services was offset by weakness in goods-producing industries, data showed on Friday, offering fresh clues on the state of the economy after almost a year of tariffs and uncertainty.
Economy stalled in November and may have contracted in Q4: StatCan
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