👉Statistics Canada reports a 0.2% increase in real GDP for July, following a stagnant June, mainly due to growth in the retail trade sector, which rose 1%. Motor vehicle and parts dealers led the sector with a 2.8% gain. Services-producing industries saw a 0.2% rise, while the public sector grew 0.3%, and the finance and insurance sector increased by 0.5%. Goods-producing industries had a modest 0.1% growth, with the utilities sector up 1.3% and manufacturing rising 0.3%. Early estimates for August suggest no significant GDP change, as gains in oil and gas were offset by drops in manufacturing and transportation.✅ . 𝐔𝐧𝐥𝐨𝐜𝐤 𝐲𝐨𝐮𝐫 𝐝𝐫𝐞𝐚𝐦 𝐡𝐨𝐦𝐞 𝐰𝐢𝐭𝐡 𝐌𝐚𝐧𝐨𝐣 𝐊𝐚𝐫𝐚𝐭𝐡𝐚, 𝐚𝐧 𝐚𝐰𝐚𝐫𝐝-𝐰𝐢𝐧𝐧𝐢𝐧𝐠 𝐑𝐞𝐚𝐥𝐭𝐨𝐫 𝐢𝐧 𝐎𝐧𝐭𝐚𝐫𝐢𝐨. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟐𝟐𝟔-𝟐𝟔𝟔𝟓 𝐄𝐦𝐚𝐢𝐥: 𝐦𝐚𝐧𝐨𝐣@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @manojkaratha_realtor . . #CanadaGDP #EconomicGrowth #RetailTrade #Manufacturing #StatisticsCanada #CanadianEconomy #FinanceSector #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Statistics Canada released new GDP data on Tuesday that displays signs of economy recovery in 2023 contrary to December 2022. StatCan said advance information suggests a 1.6 per cent annualized increase in GDP for the fourth quarter of the year and annual growth of 3.8 per cent in 2022.✅ . . #GDP #canadaGDP #statisticscanada #canadaeconomy #statcan #recession #canadarecession #mnm #malayalisnearmeapp #canadaupdate #canadanews