Surge in imports spurs hopes for gains in productivity: Machinery demand fuels record gains

Article Abstract:

Increasing demand for machinery and equipment fuelled a record surge in Canadian imports in May 2004, sparking hopes that the long-awaited improvement in productivity would soon arrive. Imports of machinery and equipment climbed 13.9% during the month to $9.6-billion, the largest increase since September of 1981, offering some grounds for optimism that Canadian firms are investing technology that will increase their competitiveness and yield long-awaited economy-wide improvements.

Facilities & equipment, Plastics Products Equipment, Plastics and Rubber Industry Machinery Manufacturing, Special industry machinery, not elsewhere classified, Imports, Paper Industry Machinery Manufacturing, Paper industries machinery, Paper Industry Machinery, Woodworking machinery, Wood Products Machinery, Sawmill and Woodworking Machinery Manufacturing, Machinery, Equipment and supplies, Machinery industry, Magneto-electric machines

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U.S. posts anemic GDP growth

Article Abstract:

The U.S. Department of Commerce has reported that the country's gross domestic product grew at 1.6% annually for the first quarter of 2003. Industry analysts at the Bank of Montreal said that the report shows the North American economy is still performing poorly.

Labor Distribution by Employer, Banking industry, Reports, Statistics, Gross domestic product, Bank of Montreal, United States. Department of Commerce

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Profits soar to record in 2000

Article Abstract:

Operating profits at corporations increased by 21% for the 2000 year. The corporations posted C$211.2 billion in operarting profits for the 2000 year.

Sales, profits & dividends, Corporations, Finance, Corporate finance

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