Shipments Volumes Stronger in U.S.

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OTTAWA, Ont. – In contrast to Canada’s decline in shipments, manufacturers in the United States are in the midst of an economic recovery.

Shipments rose 0.7 per cent in October, the fifth increase in the last six months. Year-to-date shipments for 2003 were 2.1 per cent above shipments in the same period of 2002. This compared with a 0.9 per cent decrease in Canada over the same period. The computer and electronic products industry (+2.6 per cent) led the U.S. durable goods sector in October and were at their highest level since April 2001. In addition, U.S. unfilled orders jumped 1.6 per cent, the eighth increase in the last nine months. Again, the computer industry led all industries in orders.

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