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Gross domestic product by industry, October 2022
Real gross domestic product (GDP) edged up (+0.1%) in October, following a +0.2% uptick in September. Growth in services-producing industries (+0.3%) was partially offset by a decline in goods-producing industries (-0.7%), as 11 of 20 industrial sectors increased in October. Advance information indicates that real GDP was essentially unchanged in November. Increases in accommodation and food services and wholesale trade were offset by declines in construction as well as mining, quarrying and oil and gas extraction. Owing to its preliminary nature, this estimate will be updated on January 31, 2023, with the release of ... (full story)