PR Newswire: news distribution, targeting and monitoring
2014

U.S. demand still strong, say Canadian companies

Share with Twitter Share with LinkedIn

OTTAWA, Nov. 29, 2012 /CNW/ - Canadian exporters are reporting that demand from U.S. customers has remained strong over the past six months, according to a semi-annual survey of Canadian exporters and investors by Export Development Canada (EDC).

Three quarters of Canadian companies surveyed indicated that U.S. orders either increased or remained at the same level since the spring.

"What Canadian exporters have been experiencing in real time is now showing up in the economic data, where the U.S. private sector is showing sustained, broad-based growth," said Peter Hall, Chief Economist, EDC.

"In the U.S., housing markets are roaring ahead, consumers are spending at a fast pace and businesses are on the verge of parting with a chunk of their vast cash stash. Conditions slowed in the summer months, but the U.S. economy is shrugging it off, and companies that I have spoken with are feeling the positive impact."

EDC's Trade Confidence Index (TCI) examines the attitudes of Canadian exporters as they forecast the business environment over the next six months through five index elements: trade opportunities, export sales, domestic sales, and both domestic and global economic conditions.

For more information about EDC and the Trade Confidence Index, visit Trade Confidence Index.

EDC is Canada's export credit agency, offering innovative commercial solutions to help Canadian exporters and investors expand their international business. EDC's knowledge and partnerships are used by more than 7,700 Canadian companies and their global customers in up to 200 markets worldwide each year. EDC is financially self-sustaining and a recognized leader in financial reporting and economic analysis.

SOURCE Export Development Canada



Featured Video

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.

View and download archived video content distributed by MultiVu on The Digital Center.

Share with Twitter Share with LinkedIn
 

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

 
 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

 
 

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.

 

Online Member Center

Not a Member?
Click Here to Join
Login
Search News Releases
Advanced Search
Search
  1. PR Newswire Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire
  5. Send a News Release