(RTTNews) - Canadian industries recorded the first significant gain in capacity use in three years during the final quarter of 2009, official data revealed Thursday.
Canadian industries operated at 70.9% of their production capacity in the fourth quarter, an increase from an upwardly revised 68.7% in the third quarter.
Following a marginal gain of 0.2 percentage points in the third quarter, the gain in the fourth quarter was the first sizable increase in overall capacity use since the first quarter of 2007, Statistics Canada noted.
In the manufacturing industries, capacity use rose from 67.7% to 69.7% a second consecutive increase after nine quarters of decline.
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