Statistics Canada says manufacturing sales up 1.6% in July after falling in June

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Statistics Canada says manufacturing sales up 1.6% in July after falling in June
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OTTAWA — Statistics Canada says manufacturing sales rose 1.6 per cent to $71.9 billion in July, boosted by higher sales of food products, petroleum and coal products and transportation equipment. The increase followed at 2.0 per cent decline in June. The agency says sales of food products rose 3.1 per cent to $12.4 billion in July, as the grain and oilseed milling industry group gained 25.5 per cent, partially due to a resumption of operations following maintenance shutdowns at some crushing pla

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TOKYO — U.S. markets were slow to gain traction before the opening bell Friday with global shares mostly higher on news that China's slowing economy showed signs of stabilizing. Futures for the S&P 500 inched up 0.1% while the Dow Jones industrials rose 0.2%. U.S. markets look to finish with gains after a busy week of economic data hinted at a mostly healthy economy with the Federal Reserve holding its next policy meeting next week. About 13,000 U.S.

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