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Industrial utilization rates down slightly in fourth quarter of 2012

PEM News >> 
Canadian industries operated at 80.7 per cent of their production capacity in the fourth quarter, down slightly from the 81.1 per cent in the third quarter, according to new figures from Statistics Canada. The decline was a result of lower capacity utilization in the manufacturing sector. The 2.1 percentage point decline in the manufacturing sector in the fourth quarter was partly offset by gains in the non-manufacturing sector. The manufacturing sector operated at 80.2 per cent of its capacity in the fourth quarter, 2.1 percentage points lower than in the previous quarter. The decline was largely attributable to transportation equipment…

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