07:33 AM EST, 12/13/2024 (MT Newswires) -- Canada will release Q3 capacity utilization at 8:30 a.m. ET Friday, noted Bank of Montreal (BMO)-

The bank said Q3 capacity utilization is expected to edge down to 78.5% after climbing to 79.1% in the prior quarter. Overall, capacity utilization has held just under 80% for much of the past four years.

Meantime, BMO will look for October's manufacturing sales and wholesale trade figures, also at 8:30 a.m. ET on Friday. In real terms, factory sales have been trending lower this year while wholesale trade has drifted sideways.

Finally, Friday's new motor vehicle sales look to pop 8% month over month in October, predicted the bank. That would extend gains for a fourth straight month.