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May 17, 2018
Canadian manufacturing sales rose 1.4% to $57.1 billion in March
Statistics Canada reports that manufacturing sales rose 1.4% to $57.1 billion in March. Higher sales at primary metal; aerospace product and parts; fabricated metal product; and the other transportation equipment industries were mostly responsible for the increase.
The federal agency says sales were up in 13 of 21 industries, representing 72% of the Canadian manufacturing sector.
Primary metal sales rose 4.2% to $4.4 billion in March following a 4.4% increase in February. In the aerospace industry, production rose 10.6% in March following a 4.0% gain in February.
Sales were also up in the fabricated metal product (+4.6%), other transportation equipment (+37.4%) and wood product (+3.7%) industries.
These increases were partially offset by declines in the motor vehicle (-2.0%), machinery (-1.7%) and computer and electronic product (-3.4%) industries.
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