GDP Slips 0.1% in August 2017

GDP

November 9, 2017

Real gross domestic product (GDP) edged down 0.1% in August, after being essentially unchanged in July. Declines in manufacturing and mining, quarrying and oil and gas extraction more than offset increases in most sectors (12 out of 20). Goods-producing industries contracted for the second consecutive month, declining 0.7% in August in part due to temporary reduced capacity in the manufacturing and the mining, quarrying and oil and gas extraction sectors. Services-producing industries edged up 0.1%. Building materials and supplies (-2.8%) and machinery, equipment and supplies wholesaling (-0.7%) gave back some of the gains registered in July.

Related Articles

Changing Scene

  • Texcan Announces Leadership Update: Patricia Quiroga Appointed as Vice President of Sales

    Texcan Announces Leadership Update: Patricia Quiroga Appointed as Vice President of Sales

    Texcan is pleased to announce the promotion of Patricia Quiroga to Vice President of Sales, effective August 5, 2025. Patricia Quiroga has been with Texcan since 2018, most recently serving as Vice President of Marketing & Business Development. She brings extensive industry experience, including her previous role as Vice President of Distribution at Southwire. In… Read More…

  • BC Hydro Making it Easier and More Affordable to Connect New Homes

    BC Hydro Making it Easier and More Affordable to Connect New Homes

    BC Hydro is supporting the construction of new housing developments in growing communities by advancing changes to streamline upgrades and reducing the cost of new customer connections to BC Hydro’s electricity grid. “As communities across B.C. grow, so does the need for essential housing. We are committed to ensuring we’re ready to meet this growing… Read More…

Peers & Profiles

Copper US Dollar Price Per Pound