4Q Industrial Capacity Utilization vs...>

CANADA DATA: 4Q Industrial Capacity Utilization 81.2% vs forecast 80.8%

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- 4Q capacity utilization decline was the fifth decrease in six 

quarters. 

- Mining and quarrying (-3.2%), and manufacturing (-0.6%) were the main 

sources of decline.

- YoY: manufacturing -1.4% to 77.7%; the lowest rate since 4Q 2010. 

- The decline in mining and quarrying was mainly on rail transportation 

disruptions and low global demand. 

- Oil and gas extraction +1.1% to 81.5% due to higher output. 

- Capacity utilization in forestry and logging -8.5% to 66.1%; the 

lowest since 3Q 2009.

- Construction capacity rate -0.4% to 90.8%; on reduced engineering and 

construction activity, following 3Q highest level in two decades.   

- YoY capacity utilization -0.7%.