This industry profile provides a five-year forecast for Canada’s Machinery Manufacturing Industry.
Canada’s Machinery Manufacturing Industry: Industrial Profile Spring 2010
Canada’s Machinery Manufacturing Industry: Industrial Profile Spring 2010
Industry Economic Analysis
$550.00
- Economic Recovery—Manufacturing activity is rebounding. As business conditions improve, so too should demand for machinery and equipment.
- Commodity Prices— Higher prices for many commodities, including oil and metals, are driving increased demand for mining equipment.
- Capacity Utilization—Industrial capacity utilization rates are improving, but remain very low. Private investment in new machinery and equipment will remain limited until the excess capacity is absorbed.
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