Canada December manufacturing data:
- Prior was +1.0% (revised to 1.2%)
- Manufacturing sales ex-autos +0.9% vs +0.7% in Nov
- New orders -2.1% vs +3.5% prior
- Unfilled ordrs -2.2%
- Inventories -1.6%
Canadian factories are in special focus after the December trade balance report showed a 3.9% surge in exports to $45.35B from $43.64B.
The new orders decline takes the shine of what looks like the start of a budding trend.