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CA recovery gains momentum amid stronger new order growth
September data signalled a sharp and accelerated improvement in overall operating conditions across the Canadian manufacturing sector. A robust rise in new work helped to boost output levels further and stimulate job creation. As a result, panel members reported a faster increase in the quantity of purchases to support production volumes. Respondents noted improved demand conditions as coronavirus disease 2019 (COVID-19) restrictions eased, while some clients resumed operations. However, intense supply chain pressures continued, which contributed to the accumulation of incomplete work as firms faced longer delays in ... (full story)