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Leading indicators rose again in December: StatsCan
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The Canadian Press
Date: Monday Jan. 23, 2012 8:49 AM ET
OTTAWA — Statistics Canada says its composite leading index rose 0.8 per cent in December, following a 0.9 gain the previous month.
The agency says it was a broad-based increase for the index, with eight of the 10 components rising.
Manufacturing rose across the board for the second consecutive month, with autos providing a substantial boost.
Retail sales of durable goods increased for a sixth straight month.
Housing, services employment and money supply growth also contributed to the increase.
In contrast, the stock market declined for a seventh consecutive month.
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If 5000 jobs can be so vital to the nation's economy, they should get what they ask for in bargaining. Simple.
