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.