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Manufacturing sales fall in April

Published by Stephanie Brooks on June 15, 2012

Manufacturing sales fell 0.8 per cent in April 2012 to $49.1 billion, according to Statistics Canada’s monthly survey of manufacturing.

The data represents the third decline in four months, due in large part to the biggest decreases felt in the aerospace product and parts industry, and the petroleum and coal product industry. Meanwhile, sales of motor vehicles increased to the highest level since November 2007.

Thirteen of 21 industries, about 45 per cent of the manufacturing sector, experienced a drop in sales.

The United States saw a 0.3 per cent drop in manufacturing sales, or shipments, the report states. This decline, which came after four months of continued growth, was specifically in the petroleum and coal products industry, reflecting the decrease in Canada. Partially countering it, however, was about a three per cent gain in the transportation equipment industry. 

 

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