Canadian Manufacturing Sales
Canadian manufacturing sales increased for a third consecutive month, rising 0.9 per cent on a monthly basis in July. Sales were higher in 11 of 21 manufacturing sub-sectors, representing 68 per cent of manufacturing sales.
In BC, where the manufacturing sector employs about 170,000 people, manufacturing sales fell 1.7 per cent on a monthly basis but were 10 per cent higher year-over-year. Manufacturing in BC has maintained robust growth this year, particularly in the forestry sector. That growth is providing a boost to markets around the province in which the forestry sector is a major employer.
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