Canada's leading indicators rise slightly

OTTAWA, Nov. 18 (UPI) -- Canada's leading indicator index rebounded in October from September's drop, Statistics Canada said Thursday.

After a 0.2 percent drop in September, the index regained 0.2 percent in October with six of 10 index components rising in the month.

Manufacturing components were mixed with the ratio of shipments of goods to inventories rising and the rate of decrease in new orders slowing "markedly," the report said.

The housing index continued a decline into the sixth month, but demand for durable goods, excluding furniture and appliances, rose with the increase led by a rising demand for automobiles.