US EditionStatistics Canada Reports Manufacturing Sales up 2.5 per Cent in July at $70.3B
- In July, manufacturing sales increased by 2.5 per cent, reaching a total of $70.3 billion, according to Statistics Canada in Ottawa.
- This rise was preceded by consistent growth in wholesale sales and was largely driven by gains within the transportation equipment subsector.
- Sales within the transportation equipment sector increased by 8.6 per cent, reaching $11.4 billion, driven by an 11.4 per cent rise in motor vehicle sales; additionally, sales of aerospace products and motor vehicle parts also saw growth.
- Wholesale sales, with the exclusion of petroleum, related hydrocarbons, oilseeds, and grains, increased by 1.2 per cent, reaching $86 billion, while the petroleum and coal products segment saw a 6.2 per cent rise.
- Despite these gains, tariffs weighed on Ontario’s economy as the manufacturing sector experienced job losses, indicating uneven impacts within the industry.
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Statistics Canada reports that sales of transportation equipment increased by 8.6 per cent in July for a total of $11.4 billion.
Statistics Canada reports that manufacturing sales increased by 2.5% to $70.3 billion in July, thanks to the strength of the transportation equipment subsector.
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Statistics Canada reports manufacturing sales up 2.5 per cent in July at $70.3B
OTTAWA — Statistics Canada says manufacturing sales rose 2.5 per cent to $70.3 billion in July, helped by strength in the transportation equipment subsector. The agency says sales of transportation equipment rose 8.6 per cent to $11.
According to the latest data from Statistics Canada, total manufacturing sales in July increased by 2.5% month-on-month to $70.3 billion, significantly exceeding the 0.3% increase in June. Economic experts point out that this may be a sign that the manufacturing industry is beginning to recover after being hit by tariffs.
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