Jeffrey Qián 錢 曄 // 778-238-2014 //

Canadian Manufacturing Sales

Canadian manufacturing sales rose 2.9 per cent in March, the second increase in the last six months. Sales were led by an increase in aerospace products and motor vehicles while fabricated metal products declined.  In total, 10 of 21 sub-sectors saw increased sales in March. 

In BC, where manufacturing employs close to 170,000 people, manufacturing sales fell 2.2 cent on a monthly basis in March, but were 8.1 per cent higher year-over-year. Through the first quarter of 2015, BC manufacturing sales are up 7.6 per cent which has helped push economic growth in the province higher. Growth in the BC economy is currently tracking at 2.5 per cent through the first three months of the year, but as growth in the US and other parts of Canada picks-up in the second half, we expect manufacturing and trade to lead a further acceleration of growth in the province. 

No comments

Post Your Comment:

* indicates required fields.
Your Name: *
Please note, your email will not be shown publicly
Your Email (will not be published): *
Comment: *
Please type the text as it appears above:
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.