Thursday, May 31, 2007

And We Are Off!

Just a quickie here. Canada is a G8 economic powerhouse. We are going through the biggest economic boom in a long time and Alberta is leading everyone out of the gates.

"The economy picked up steam in the first quarter of 2007 as real gross domestic product advanced 0.9 per cent, more than twice the pace of last quarter.

A slight pick-up in consumer spending and an inventory build-up resulting from strong production fuelled the advance.

Investment in fixed capital slowed and exports eased.

In March, economic output was up 0.3 per cent, after increasing 0.4 per cent in February and 0.1 per cent in January.

Service-producing industries surged ahead in March while the output of goods-producing industries fell." Yahoo Canada News