WASHINGTON, DC — While the Canadian manufacturing sector faltered in July, Canada’s largest trading partner, the United States, began the summer with a 0.7% boost in shipments to $389.3 billion.
Steep industrial prices for nondurable goods industries, including petroleum and chemical products, were more than enough to offset some weakness in the durable goods sector.
Excluding the petroleum and chemical products industries, US shipments edged back 0.2%.
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