Yesterday, StatsCan released their Monthly Survey of Manufacturing for the month of September, and results are positive! For the third month in a row, sales increased – this time, they rose 2.6% to $49.2 billion.
Highlights are as follows:
- Manufacturing sales increased in nine provinces – most notably in Alberta, where there was a 5.9% rise to $6.3 billion.
- Since Albera’s sales rose most drastically as far as provinces go, it’s not surprising to learn that one the industries with the highest sales gain was the petroleum and coal products industry (up 13.7% to $7.6 billion).
- The transportation equipment industry saw an increase of 7.1% to $8.0 billion – mainly due to aerospace product and parts, and the motor vehicle industries.
- The food industry saw a decline of 3.0%.
