The breakdown by industry provides evidence on the health of the various sectors and the broad strength of Canadian production. Manufacturing, construction, and mining are three of the most significant goods-producing sectors, while retail, wholesale, finance, communications and government are the most important service-producing sectors.
The quarterly real GDP report gives the broadest information on the health of the economy and is used as the reference point for determining expansions/recessions. The breakdown into personal expenditure, business investment, net exports and government spending illustrate the factors behind the performance of real GDP. Another key element is final domestic demand, which excludes the external trade and inventories.
