Canada manufacturing growth index at 4-month low in December – Yahoo Finance Canada

Canada manufacturing growth index at 4-month low in December – Yahoo Finance Canada.

Manufacturing activity has been expanding for nine months in a row. It hit a 2-1/2-year peak in October.

Still, the manufacturing sector should gain momentum in 2014, said Paul Ferley, assistant chief economist at RBC.

“Our outlook for 2014 is underpinned by the assumption that Canadian exports will firm as the U.S. continues on a path of recovery – this will provide a healthier environment for manufacturing to further grow in the new year,”

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