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Date: 2015-10-07; view: 437.

Chart 1 (a linear histogram) shows the contribution of main industrial sectors of Canada to the percent change of its gross domestic product in March 2012. The horizontal axis shows the percentage of GDP and the vertical axis compares the industrial sectors listed. A separate bar indicates the average change in GDP for all industries.

Look at the following chart and then read the text below.

Economic data is often presented in the form of graphs and diagrams (charts). They usually require some comment.

Chart 1: Contribution of main industrial sectors to the percent change in Canada's GDP, March 2012

As can be seen from the chart, real gross domestic product increased over 0.1% in March. The output of service industries grew 0.2%, while goods production declined 0.1%. There were increases in manufacturing, construction, wholesale and retail trade, and accommodation and food services. Declines were recorded in oil and gas extraction, the public sector (education, health, and public administration combined), utilities, and the finance and insurance sector. In fact, mining and oil and gas extraction accounted for 0.16% decline in GDP as compared with the previous month. On the other hand, manufacturing output increased 0.9% in March.

2. The graph below gives information on unemployment rates in Canada and the USA. Comment on it, identifying main trends. Write at least 150 words. You can use the following words and expressions:

It can be seen from the graph that … According to the chart, …

From the data it can be concluded that … As shown in Chart 2, …