Published 55 minutes ago • loading... • Updated 7 hours ago
StatCan Reports Manufacturing Sales Essentially Unchanged in September
Manufacturing sales were unchanged at $80.2 billion as wholesale sales rose 0.7%, while real manufacturing sales fell 1.5%, Statistics Canada said.
Statistics Canada reported manufacturing sales remained essentially unchanged in September at $80.2 billion, representing the dollar value of goods sold by manufacturers including shipments, inventories, and orders.
On a constant dollar basis, manufacturing sales fell 1.5 per cent, with declines across 11 of 21 subsectors including a 9.5 per cent drop in primary metal and 7.0 per cent decrease in wood products.
Petroleum and coal product sales rose 10.0 per cent, helped by higher prices; wholesale sales excluding petroleum and grain rose 0.7 per cent to $92.5 billion in September.
Saskatchewan manufacturing sales increased 8.8 per cent in September compared to August, with a 41.2 per cent year-over-year surge marking the second-highest provincial percentage change.
Saskatchewan's manufacturing sales reached $2.5 billion while wholesale trade totaled $5.7 billion, with provincial growth of 2.9 per cent outpacing the national average of 1.7 per cent.