Take Stock – December 16

The composite leading index rose by 1.3 per cent in November, equalling the largest of its six straight increases.

Leading indicators rise 1.3 per cent in November

The composite leading index rose by 1.3 per cent in November, equalling the largest of its six straight increases. Statistics Canada reports the advance was led by household demand, while the recovery of demand in the United States gave a boost to manufacturing in Canada. Growth was widespread — for the first time in over two years none of the 10 components declined.

The housing index rose 2.5 per cent, its seventh straight gain. The leading indicator of the United States advanced 0.7 per cent, its sixth straight increase. Manufacturing in Canada continued to improve in response to the gradual upturn in export demand, with new orders gaining for the second time in four months.

The ratio of shipments to inventories increased for the fourth consecutive month, with an upturn in shipments reinforcing a steady decline in inventories. Services employment increased 0.3 per cent, its first advance in over a year.


New vehicle sales up 3.5 per cent in October: Statscan

New motor vehicle sales increased 3.5 per cent to 133,559 units in October after rising in September.

October’s sales were 3.2 per cent lower than October 2008. Preliminary industry data indicate that the number of new motor vehicles sold decreased seven per cent in November. A 7.6 per cent gain in sales of North American-built passenger cars contributed to most of October’s increase.

The number of overseas-built passenger cars sold increased by 2.3 per cent, more than offsetting the decline in September.

Sales of new trucks (which include minivans, sport-utility vehicles, light and heavy trucks, vans and buses) rose for a fourth straight month, up 1.6 per cent to 65,558.

Just Posted

Several Red Deer businesses’ phone/fax lines taken over by ‘spoofers’

Same ‘prank’ calls were made as happened with RedCliff RCMP

Red Deer apartment project opposed by some neighbours

Two buildings proposed for a site in Normandeau with existing four apartment complexes

Red Deer’s osprey cam celebrities are back

FortisAlberta has webcam set up at nest created as part of avian protection program

Red Deer PCN Women’s Fun Run introduces Community Diaper Dash

Central Albertans will make a dash in diapers to bring lunches to… Continue reading

Cast your votes for the Best of Red Deer

Nominations for the Best of Red Deer Readers’ Choice Awards are officially… Continue reading

Opinion: Schools can’t be exempt from scrutiny

This weekend’s meeting of the Alberta School Councils’ Association promises to be… Continue reading

Bishop now the Stars goalie trying to beat Blues in playoffs

Ben Bishop grew up rooting for the St. Louis Blues before being… Continue reading

Nashville gets its chance to step up for NFL draft

NASHVILLE — Broadway in downtown Nashville is as lively a place as… Continue reading

The Cranberries, still in mourning, return for the last time

NEW YORK — Whether or not there would be a final Cranberries’… Continue reading

Dance studio owner in dispute with Burton Cummings fined for noise ticket

MOOSE JAW, Sask. — The owner of a dance fitness studio who… Continue reading

Gardening: Time and effort key to buying garden plants

Greenhouses, garden centers and box stores are set to start selling bedding… Continue reading

Montreal native Nicholas Latifi off to solid start on Formula 2 race circuit

Practice makes perfect for Canadian Nicholas Latifi. The 23-year-old Montreal auto racer… Continue reading

Most Read