Statistics Canada reports Manufacturing sales up 2.1 per cent in March

OTTAWA — Statistics Canada says manufacturing sales increased 2.1 per cent to $58.0 billion in March, boosted by the transportation equipment, petroleum and coal product, and primary metal industries.

Economists had expected a 1.1 per cent increase for the month, according to Thomson Reuters Eikon.

article continues below

Sales were up in 12 of 21 industries, representing 56.4 per cent of the Canadian manufacturing sector.

Sales of transportation equipment increased 4.5 per cent to $11.1 billion in March, helped by a 6.5 per cent increase in motor vehicle sales.

The petroleum and coal product industry reported sales rose 8.2 per cent to $6.2 billion, while primary metal sales climbed 5.3 per cent to $4.4 billion.

Overall manufacturing sales rose 1.6 per cent in volume terms.

© Copyright Coast Reporter

QUESTION OF THE WEEK POLL

Should the Town of Gibsons accept Howe Sound Pulp and Paper’s offer of a free fireworks display this summer?

or  view results

Click here to read the story.

Sign Up For Our e-Newsletter!

Popular Coast Reporter

Community Event Calendar


Find out what's happening in your community and submit your own local events.