Wednesday, October 16, 2013

Canadian Manufacturing Sales - October 16, 2013

BCREA ECONOMICS NOW

Canadian manufacturing sales posted a modest decline in August, falling 0.2 per cent month-over-month.  Sales were lower in 11 of 21 manufacturing sectors. 

In BC, manufacturing sales rose 0.8 per cent from July but were 0.3 per cent lower than August 2012.  Year-to-date, BC manufacturing sales are 1.2 per cent higher than last year, though much of the overall gain is due to a 28 per cent rise in sales of manufactured wood products. Other large manufacturing sectors such as food products, pulp and paper and mineral products have recorded year-to-date declines in sales. 

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