These developments, accompanied by
a weak export performance, led to a marked slowing in output growth.
The weak export performance seen since 2000 has reflected subdued performance in all major categories of exports.
Because Canada's relatively
weak export performance has been a central aspect of our economic situation, the Bank of Canada has examined it in increasing detail.
Not exact matches
«The disappointing
performance in
export activity suggests that the loss of
export competitiveness from the strong dollar and the
weak global backdrop are becoming a net drag on U.S. economic activity,» said Millan Mulraine, deputy chief economist at TD Securities in New York.
Last year, and for the first time since 2001, the contribution of net
exports to overall growth turned positive, but the
performance of non-energy
exports and investment remains
weak.
Beijing is more likely to believe that the economic slowdown was caused by been weakness in domestic real estate and infrastructure construction, and not because
exports are
weak, and the latest trade dataconfirms the relatively strong
export performance.