December 12, 2018 / 1:44 PM / a month ago

Canadian third quarter industry capacity use 82.6 pct

A Canadian flag flies above another industry site with ArcelorMittal Dofasco in the background in Hamilton, Ontario, Canada, March 9, 2018. REUTERS/Peter Power

Dec 12 (Reuters) - - Canadian industries ran at 82.6 percent of capacity in the third quarter of 2018, down from a downwardly revised 84.1 percent in the second quarter, Statistics Canada said on Wednesday.

The decrease was mainly attributed to declines in the manufacturing sector.

Following are the rates in percent.

Q3 2018 Q2 2018 (rev) Q2 2018 (prev)

Cap. utilization 82.6 84.1 85.5

Manufacturing 78.8 81.7 81.8

NOTE: Economists surveyed by Reuters had forecast a third quarter rate of 85.7 percent capacity utilization.

Reporting by Dale Smith

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