BCREA ECONOMICS NOW: Canadian Manufacturing Sales - October 16, 2014
BCREA ECONOMICS NOW
Canadian Manufacturing Sales - October 16, 2014
Canadian manufacturing sales fell 3.3 per cent in August to $52.1
billion following a record setting dollar volume of sales in July. The
dip in sales was the first monthly decline of 2014 and was largely the result
of lower sales of motor vehicles and vehicle parts, though sales were lower in
16 of 21 manufacturing sub-sectors.
In BC, where manufacturing is one of the largest employers, manufacturing
sales were up 0.6 cent on a monthly basis, and were 9.4 per cent higher
year-over-year. Through the first eight months of the year, manufacturing
sales are 6.6 per cent higher than last year.
For more information, please contact:
Cameron Muir |
Brendon Ogmundson |
Chief Economist |
Economist |
Direct: 604.742.2780 |
Direct: 604.742.2796 |
Mobile: 778.229.1884 |
Mobile: 604.505.6793 |
Email: cmuir@bcrea.bc.ca |
Email: bogmundson@bcrea.bc.ca |
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