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U.S., Canada Set to Power Ahead, While Japan, China in Doldrums

Posted November 04, 2014

Under Economic Issues, International Trade Issues

(CBC News)

Manufacturing index strong in U.S., a signal of export growth in Canada

Economic indicators released today are pointing to a rebalancing of the world economy, with growth being powered by North America.

On Monday, a private survey showed U.S. factories were busier in October and a new Conference Board report predicted a rebound in Canada’s export sector.

Meanwhile, China’s manufacturing is slowing and Japan is so worried about deflation it has stepped up its stimulus program. Read more here.