Elevate your local knowledge
Sign up for the iNFOnews newsletter today!
Manufacturing sales increase 1.0 per cent in March to $53.9B, hit record
OTTAWA – Statistics Canada says manufacturing sales hit a record in March, boosted by the transportation equipment and food industries.
The agency says they grew 1.0 per cent to a $53.9 billion in March, matching the expectations of economists, according to Thomson Reuters.
Sales were up in 16 of 21 industries, representing 71 per cent of the Canadian manufacturing sector.
The transportation equipment industry rose 2.1 per cent to $11.1 billion following two months of declines.
The food industry gained 2.6 per cent to a record high $8.9 billion.
In volume terms, factory sales rose 0.2 per cent.
News from © iNFOnews.ca, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Join the Conversation!
Want to share your thoughts, add context, or connect with others in your community?
You must be logged in to post a comment.
