Canada July GDP -0.1% vs +0.2% in June; +3.7% yr/yr

Canada July GDP -0.1% vs +0.2% in June; +3.7% yr/yrCanada's economy dropped into slight decline in July, falling 0.1% for the first monthly drop since August, 2009, Statististics Canada reported Thursday. The 0.1% decline in Gross Domestic Product had been expected by analysts and was for the reasons expected -- decreases in manufacturing, retail and wholesale trade, construction and