Issue 19-190 Gross Domestic Product

December 2, 2019

Canadian real gross domestic product (GDP) rose 0.1% (seasonally adjusted) in September, the third month in a row of 0.1% gains.

GDP in goods-producing industries edged up 0.1%. Construction (+0.6%) and mining, quarrying, and oil and gas extraction (+0.2%) were up, while utilities (-0.5%), agriculture, forestry, fishing and hunting (-0.4%), and manufacturing (-0.2%) posted declines.

Services-producing industries advanced modestly (+0.2%). There were gains in 11 of 15 services sectors, mainly from wholesale trade (+0.9%), accommodation and food services (+0.5%), arts, entertainment and recreation (+1.2%), professional, scientific and technical services (+0.4%), and administrative and support services (+0.4%). However, transportation and warehousing (-0.9%), finance and insurance (-0.2%), management of companies and enterprises (-0.1%) and public administration (-0.05%) contracted in September.

Source: Statistics Canada