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Thursday, June 12, 2008
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Canadian industries slash production capacity rate
Summary from multiple countries, from articles in English
The numbers of jobless, as measured by people out of work and claiming benefit, rose by 9,000 to 819,000 in May. (article 5) Manufacturing output rose by a modest 0.1 per cent in April, also leaving output up 0.1 per cent on April of last year. (article 1) Economic growth in the three months to the end of May may have slowed, estimates from the National Institute of Economic and Social Research suggested. (article 1) The estimates, based on manufacturing data, indicated that growth fell to 0.2 per cent, from 0.4 per cent in the first quarter. (article 1) Costs are rising, profits are shrinking and the ability of the big guys to keep prices relatively lower is drawing away customers. (article 3) Most of the sectors that make up the industrial group, particularly the automotive sector, contributed to the decline, Statistics Canada said. (article 2) After a year of record profit expansion in 2007, Chinese companies across most sectors are seeing the first signs of decelerating profit growth, says Jing Ulrich (article 4) In the first quarter of 2008, pre-tax profit growth for domestically listed companies dropped to 17.4 per cent year on year from 49.4 per cent in 2007. (article 4)

Other summaries about this story:
  • Summary from United States, from articles in English (1 articles) [compare]
  • Summary from the United Kingdom, from articles in English (2 articles) [compare]
  • Summary from Canada, from articles in English (2 articles) [compare]

  • Other stories about inflation, cent and rate:
  • Boston Fed chief rebuts theory that rate cuts spurred oil prices (11 articles)
  • Bank of Korea leaves key interest rate steady at 5 percent (7 articles)

  • Event tracking:
  • Track this story's development in time

  • Story keywords
    inflation, cent, rate, Prices, Bank

    Source articles
    1. Need to know: BA... Ted Baker... BT (business.timesonline.co.uk, 06/11/2008, 1923 words)
    2. Canadian industries slash production capacity rate (cbc.ca, 06/11/2008, 402 words)
    3. Small businesses fight to survive in tough economy (cbc.ca, 06/11/2008, 1275 words)
    4. View of the day: Decelerating China (ft.com, 06/09/2008, 225 words)
    5. Pay - it's payback time -Times Online (timesonline.co.uk, 06/12/2008, 576 words)




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