.Previous part: 78.5% revised to 78.6% Details: Canadian sectors functioned at 79.1% ability in Q2 2024. This is actually a slight rise coming from 78.6% in Q1 2024. The Q1 2024 capacity utilization was revised up by 0.1 portion point.Mining, Quarrying, and also Oil and also Gas ExtractionCapacity application enhanced by 1.6 percent indicate 77.2% in Q2.Growth steered through much higher task in oil sands extraction (observing resumption after upkeep) and assistance tasks for exploration and also oil and gasoline extraction.ConstructionCapacity utilization decreased by 0.2 percentage lead to 82.4% in Q2.Decline credited to a decline in household structure construction.ManufacturingCapacity application climbed through 0.5 percent points to 77.6% in Q2.Increase led by computer system and electronic item manufacturing (+5.1 amount factors) and also lumber item production (+2.9 percent points).This post was composed by Greg Michalowski at www.forexlive.com.