Canada Q3 capacity utilization report comes out 8 Dec
- prev revised down from 85.0%
Downward revision, but save it in a neutral way, to a title effect.
- T3 mftg cap util 85.2% vs 85.1% prev
The Capacity Utilization Rate is the percentage of production capacity used (available resources includes factories, mines and utilities). Capacity Utilization is a function of the growth and demand in the economy. It can also act as a leading indicator of consumer price inflation.
Rough trading on the us jobs/wages to report. USDCAD now 1.2829 after 1.2804 low Canada cape util QQrte