Issue 18-162 Manufatcuring Sales
September 18, 2018
B.C. manufacturing sales (seasonally adjusted) fell 1.7% to $4.7 billion in July. Despite the drop, July sales were the second-highest on record after June’s peak, and 10.0% higher than in July 2017. Lower sales in the primary metal (-14.9%) and wood product (-2.6%) industries were responsible for the month-over-month decline.
Nationally, sales of manufactured goods were $58.614 billion in July, an increase of 0.9% compared to the previous month, and the third consecutive month of increase. Higher sales in July were driven by growth in the transportation equipment and chemical industries.
Manufacturing sales were up in only two provinces. Ontario had the largest dollar and percentage increase (2.1% and a total of $27.1 billion, nearly half of the national total), followed by Alberta (1.7% increase, to $6.6 billion).
Data Source: Statistics Canada