Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

Statistics Canada : Gross domestic product by industry, April 2013

06/28/2013 | 09:26am US/Eastern

Real gross domestic product grew 0.1% in April, a fourth consecutive monthly increase. Service industries led the gain in April.

The output of service industries expanded 0.3% in April, with almost all major industrial groups recording increases. There were gains in wholesale and retail trade, the finance and insurance sector, the arts and entertainment sector, as well as the transportation and warehousing sector, while public administration edged down. In contrast, goods production decreased 0.3% as a result of a notable decline in mining, quarrying, and oil and gas extraction. Declines were also recorded in construction, while manufacturing, utilities and the agriculture and forestry sector rose.

Chart 1 
Real gross domestic product grows in April

Chart description: Real gross domestic product grows in April

CSV version of chart 1

Wholesale and retail trade increase

Wholesale trade was up 0.6% in April, after declining 0.5% in March. The wholesaling of machinery, equipment and supplies was the main contributor to wholesale growth in April. In contrast, food, beverage and tobacco wholesaling declined.

Retail trade increased 0.5% on the strength of motor vehicles and parts dealers and, to a lesser extent, health and personal care stores as well as miscellaneous store retailers. On the other hand, retailing activity at clothing and clothing accessories stores as well as building material and garden equipment and supplies dealers was down.

The finance and insurance sector grows

The finance and insurance sector grew 0.6% in April. Banking, financial investment services and, to a lesser extent, insurance services all increased.

Mining, quarrying and oil and gas extraction contracts

Mining, quarrying and oil and gas extraction contracted 1.5% in April, down for the first time in seven months.

Oil and gas extraction fell 2.7% in April, as a result of declines in both oil and gas production. This follows increases of 1.7% in March and 1.1% in February.

Chart 2 
Oil and gas extraction falls in April

Chart description: Oil and gas extraction falls in April

CSV version of chart 2

Mining and quarrying (excluding oil and gas extraction) decreased 0.6%, as a result of declines in output at potash and coal mines. In contrast, metallic mineral mining was up 1.0% in April.

Support activities for mining and oil and gas extraction rose 3.2% in April, on the strength of drilling services.

Manufacturing output increases

Manufacturing output grew 0.2% in April. Durable goods production increased 0.5%, led by gains in computer and electronic products and non-metallic mineral products. In contrast, primary metal and machinery manufacturing declined. Non-durable goods production fell 0.3% in April. Declines in petroleum and coal products, as well as chemical and food manufacturing more than offset gains in printing and related support activities, and textile, clothing and leather products manufacturing.

Construction decreases

Construction decreased 0.4% in April. Residential and non-residential building construction declined, as did engineering and repair construction.

The output of real estate agents and brokers rose 1.0% in April, up for a second consecutive month, as activity in the home resale market increased.

Other industries

The arts and entertainment sector increased 3.4% in April, mainly the result of an extended season following the end of a labour dispute in professional hockey.

The public sector (education, health and public administration combined) was unchanged in April, as gains in education and health care offset the decline in public administration.

Chart 3 
Main industrial sectors' contribution to the percent change in gross domestic product, April 2013

Chart description: Main industrial sectors' contribution to the percent change in gross domestic product, April 2013

CSV version of chart 3

Note to readers

The monthly gross domestic product (GDP) by industry data at basic prices are chained volume estimates with 2007 as the reference year. This means that the data for each industry and each aggregate are obtained from a chained volume index multiplied by the industry's value added in 2007. The monthly data are benchmarked to annually chained Fisher volume indexes of GDPobtained from the constant-price input-output tables up to the latest input-output tables year (2009).

For the period starting with January 2010, the data are derived by chaining a fixed-weight Laspeyres volume index to the prior period. The fixed weights are 2009 industry prices.

This approach makes the monthly GDPby industry data more comparable with the expenditure-based GDPdata, chained quarterly.

All data in this release are seasonally adjusted. For more information on seasonal adjustment, see

React to this article
Latest news
Date Title
01:20p AL RAJHI BNKG AND INV SJSC : Promoting religious tourism: An untapped market
01:18p BEST OF BEST : CLASS 4A TRACK: Central takes 4x400 boys title
01:14p RENTRAK : George Clooney's 'Tomorrowland' tops the North American box office with ...
01:07p BARNES & NOBLE : After a decade online, YouTube is redefining celebrity
01:06p OCTO TECHNOLOGY : Philly club stalwart Clark Maloney dies
01:04p CIGNA : The Doctor Will See You Online; Telemedicine Rankles Some CT Physicians
01:04p FIRST SECURITY : Longtime banking executive Bob Manning to retire
01:03p BANK SOHAR SAOG : Oman's Bank Sohar launches $250 million three-year debut loan
01:01p GAZPROM : Russian gas monopoly doomed to failure
12:58p COMMERCIAL REAL ESTATE : National Association of Realtors - Economic Indicator Release
Latest news
Advertisement
Hot News 
AMUR MINERALS : Kun-Manie Production Licence Awarded
CTRIP : Expedia Announces eLong Transaction
HAVELOCK EUROPA : Looks to the Future of Manufacturing in Fife
MIKRON : visiting a great British dish and a national institution ; DRAMA
SOITEC : Frances Soitec to sell solar activities to ConcenSolar
Most Read News
05/23 FIAT CHRYSLER CEO APPROACHED GM ABOUT A MERGER, WAS REBUFFED : Nyt
05/23 SPEEDWAY MOTORSPORTS : Tom Talks: This isn't my first rodeo
05/23 MANCHESTER UNITED : Premier League fans’ verdicts part 1: Arsenal to Manchester City
05/23 JUMA TECHNOLOGY : The Friday rush to be devout Muslims
05/23 Daimler and Qualcomm to develop in-car tech, wireless charging
Most recommended articles
11:22aDJAmazon Changes Tax Practices in Europe Amid Investigations
11:21a GREECE HASN'T GOT THE MONEY TO MAKE JUNE IMF REPAYMENT : interior minister
09:10a Greece's Varoufakis admits to taping Eurogroup meeting
09:09a Irish government receives report on Aer Lingus sale
08:54aDJGerman Finance Minister Sees No Need to Discuss 'Alternatives' on Greece