Issue 18-35: Wholesale Sales
February 20, 2018
Sales by wholesalers (seasonally adjusted) in British Columbia went up in December to reach $6.4 billion, a 0.5% increase compared to the previous month. The monthly gain was led by personal and household goods (+8.0%) and building material and supplies (+5.2%) wholesalers, while motor vehicle and parts wholesales saw the largest decrease in the month (‑10.3%).
Nationally, the value of sales by wholesalers fell by 0.5% in December compared to the previous month. The decrease was widespread, with five of the seven industry subsectors and six provinces reporting lower sales for the month. Among provinces, New Brunswick (‑6.1%) saw the largest decline in wholesale trade in December, while Newfoundland and Labrador (+3.5%) registered the largest gain.
Annual Wholesales 2017
Wholesales in British Columbia went up by 9.7% in 2017 compared to the prior year, to reach $76.6 billion. The increase was mainly driven by building material and supplies, which saw the benefit of a strong housing market and higher lumber and metal prices. Notable increases were also observed in the machinery, equipment and supplies, and farm product wholesalers.
Nationally, wholesales trade in Canada increased by 9.4% in 2017. The increase was widespread with all subsectors and provinces reporting gains for the year. Alberta saw the largest increase in wholesales among provinces (+10.5%).
Data Source: Statistics Canada.