Alastair Sharp: TORONTO - Canada's manufacturing activity eked out the smallest of expansions in April after shrinking in March but the sector did see an encouraging rise in new orders from abroad, according to data released on Wednesday, according to Reuters. The manufacturing data, based on a survey of about 400 companies, offers one of the earliest indicators of the pace of economic growth and By Alastair Sharp The RBC Canadian Manufacturing Purchasing Managers' Index was at 50.1 last month after adjusting for seasonal variation, up from 49.3 in March. A reading above 50 represents expansion, while a number below means contraction.
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