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Canada's April Leading Indicators Rise 0.4% on New Orders

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bemildred Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-24-05 04:29 PM
Original message
Canada's April Leading Indicators Rise 0.4% on New Orders
May 24 (Bloomberg) -- Canada's index of leading economic indicators rose in April at the fastest pace since September, supported by furniture and durable goods sales and new manufacturing orders.

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The index outpaced the 0.2 percent gain expected by 15 economists surveyed by Bloomberg News, according to the median of their responses. Six of 10 components improved, and three remained unchanged.

The index hasn't declined in almost four years. The gauge includes indicators ranging from the performance of the main share index of the Toronto Stock Exchange to money supply to give a picture of the economy in the months ahead.

Bloomberg
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whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-24-05 04:30 PM
Response to Original message
1. new orders of military equipment and components for the U.S.
...war machine.
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tuvor Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-24-05 04:36 PM
Response to Reply #1
2. Conjecture, inference, or fact?
And to what degree?

A link would be appreciated.
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whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-24-05 04:52 PM
Response to Reply #2
4. All three, where are the Stryker armored troop carriers built?
<snip>
"A brigade is a little over 300 vehicles," Gilchrist said. "We also have test vehicles. The Army's schoolhouses require vehicles to do training. This means an additional 100 Strykers so that we have vehicles to test for live-fire and other functions."

Stryker plants in Anniston and London, Ontario, manufacture the vehicles under the supervision of Army project manager (PM), Col. David Ogg, located at TACOM, Warren, Mich. DCMA provides direct support to the PM through the services of people like Hong Tran, DCMA program integrator in Ontario.

"The program integrator leads the program support team that performs different functions, such as contract engineering, production oversight, quality assurance and transportation of property," Tran said. "We work together to provide support to the PM to integrate all of these functions."
<more>
<link> http://www.dcma.mil/communicator/archives/spring%20summer%202003/stryker.htm
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tuvor Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-24-05 05:02 PM
Response to Reply #4
5. And to what degree is this affecting April's rise in leading indicators?
You implied that it was substantial, and I'm curious.
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Spazito Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-24-05 05:08 PM
Response to Reply #4
6. LOL, even if, and that is a big if, this is one of the 10 indicators
"Six of 10 components improved, and three remained unchanged.", how do you know it was not the 10th one, which declined?


"New orders advanced 1.2 percent and the retail trade component was pushed up by a 0.9 percent gain in furniture and appliance sales and a 0.6 percent rise in other durable goods, Statistics Canada said in Ottawa today."

Doesn't seem to be the Stryker, according to the paragraph above.



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Maple Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-24-05 04:37 PM
Response to Reply #1
3. Americans are
buying furniture for a war??

Only one here who sees furniture as a weapon is Stephen Harper. He keeps kicking chairs. :rofl:
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