The Daily Friday, May 30, 2025

May 30, 2025

Gross domestic product, income and expenditure, first quarter 2025

Real gross domestic product increased 0.5% in the first quarter, the same pace as in the fourth quarter of 2024. Exports of goods drove the growth in the first quarter of 2025, followed by accumulations of business non-farm inventories. Higher imports and weak residential structure resale activity tempered overall growth in the first quarter.

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Gross domestic product by industry, March 2025

Real gross domestic product edged up 0.1% in March, driven by an increase in both goods-producing and services-producing industries.

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National Travel Survey, fourth quarter 2024

During the fourth quarter, Canadian residents took 80.3 million trips in Canada and abroad, up 7.7% from the same quarter in 2023. Most of the trips from October to December 2024 were domestic (88.4%), followed by trips to the United States (8.2%) and overseas (3.4%).

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Visitor Travel Survey, fourth quarter 2024

From October to December 2024, visitors from the United States and overseas countries made 6.1 million trips to Canada, up 8.2% from the same quarter in 2023. In the fourth quarter of 2024, four out of five non-resident trips (80.0%) were made by US residents.

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For-hire Motor Carrier Freight Services Price Index, first quarter 2025

The For-hire Motor Carrier Freight Services Price Index (2021=100) is now available for the first quarter.

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Couriers and Messengers Services Price Index, April 2025

The Couriers and Messengers Services Price Index (2019=100) is now available for April.

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Freight Rail Services Price Index, May 2025

Data for May for the Freight Rail Services Price Index (2018=100) are now available.

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Machinery and Equipment Price Index, March 2025

The Machinery and Equipment Price Index (2016=100) is now available for March.

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NT4