2026-01-30 13:30:00
- Prior -0.3%
- December preliminary GDP xx%
What does the monthly GDP measure?
In Canada, the Monthly GDP is a measure of the country’s economic output by industry (Real GDP by Industry). Unlike many other countries that only report GDP quarterly, Statistics Canada releases this data every month to provide a more frequent “pulse check” on the economy.
Statistics Canada breaks the report down into two main sectors:
-
Goods-Producing Industries: Includes manufacturing, construction, and mining/oil & gas. This sector has been volatile lately due to shifting trade policies and energy prices.
-
Services-Producing Industries: Includes retail, healthcare, and professional services. This usually provides the “floor” for the economy, though it has slowed as consumers pull back on spending.
This article was written by Giuseppe Dellamotta at investinglive.com.
