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More than half of the manufacturing sector posted decreased sales in January

Published by Stephanie Brooks on March 19, 2013

According to Statistics Canada’s Monthly Survey of Manufacturing for January, sales dropped 0.2 per cent to 48 billion – the fourth decline in five months.

Sales decreases were primarily a result of drops in the petroleum, coal product and transportation equipment industries. Overall, 52 per cent of the manufacturing sector (seven out of 21 industries) reported lower sales.

In the transportation equipment realm, sales edged down almost four per cent to $7.5 billion, reflecting an almost 20 per cent decrease in production of aerospace products and parts. A 3.7 per cent decline in motor vehicle assembly also contributed to the fall.

Petroleum and coal product sales went down to 7 billion in January, while sales in the food industry declined 1.3 per cent. The level in January was the lowest since September 2010.

Four provinces felt the sales drop – Quebec, Ontario, New Brunswick and Saskatchewan. In Quebec, it was the largest decline since July 2012, down to $11.3 billion. Ontario experienced a 0.8 per cent drop, and New Brunswick 6.7 per cent. Meanwhile, Saskatchewan posted sales down almost 5 per cent to $1.1 billion, largely a result of drops in the durable goods sector.

Alberta, however, saw a rise in sales of 6.3 per cent to $6.3 billion – the largest increase since November 2011.

To view the full report, please click here.  

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Alberta British Columbia
Manitoba New Brunswick
Newfoundland & Labrador Nova Scotia
Ontario Québec
Prince Edward Island Saskatchewan