Despite the buoyancy of output and employment early in the fourth quarter, there were signs that the economy could slow at the beginning of 2008. The composite leading index decelerated in the last three months of 2007, mostly due to weak US demand for manufactured goods. This slack was offset by continued buoyant gains in consumer spending and housing in Canada.
http://www.statcan.ca/Daily/English/080124/d080124b.htm
Note: http://www.statcan.ca/D...
