Real gross domestic product increased 0.3% in February, mainly on the strength of manufacturing. The mining sector, with the exception of oil and gas extraction, also contributed to the growth in February. In addition, some industries benefited from the Olympic Winter Games held in Vancouver, such as performing arts and spectator sports, accommodation services, as well as radio and television broadcasting. Retail trade also advanced, while wholesale trade and oil and gas extraction declined.
Manufacturing rises again
The output of the manufacturing sector grew 1.2% in February, with 14 of 21 major groups advancing. This increase accounted for nearly half of the overall growth in gross domestic product. Durable goods manufacturing increased 1.4%, led by fabricated metal products, non-metallic mineral products, as well as computer and electronic products. Manufacturers of non-durable goods increased their production 1.1%, notably of pharmaceuticals and beverages. The manufacturing of transportation equipment and of petroleum and coal products was down.
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