(Reuters) - Analysts had forecast a 0.2 percent gain in April. Statscan
revised the March increase to 3.0 percent from 2.8 percent.
Motor vehicle shipments plunged 11.1 percent, more than
canceling out the gains of the previous month, while the
aerospace industry fell 6.4 percent. Beyond the transportation
industry, shipment values were mostly up, led by primary metals
products on strong demand from Asia. Excluding autos, shipments
rose 1 percent in April.
Read more at Reuters.com Economic News
revised the March increase to 3.0 percent from 2.8 percent.
Motor vehicle shipments plunged 11.1 percent, more than
canceling out the gains of the previous month, while the
aerospace industry fell 6.4 percent. Beyond the transportation
industry, shipment values were mostly up, led by primary metals
products on strong demand from Asia. Excluding autos, shipments
rose 1 percent in April.
Read more at Reuters.com Economic News
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