Drop in transportation leads manufacturing sales dip in February
OTTAWA — Manufacturing sales declined 1.5 per cent in Canada in February to $47.1 billion.
Statistics Canada says February’s decline of $720 million came on the heels of a 4.4 per cent increase in manufacturing sales January.
It says lower sales were reported in 15 of 21 industries, representing 71 per cent of total manufacturing.
However, most of the decline was a result of a decrease in the transportation equipment industry in Central Canada.
It says combined sales in Ontario and Quebec fell by $646 million in February.
Manufacturing sales also fell in New Brunswick and in Newfoundland and Labrador. But Alberta bucked the trend with a 1.4 per cent increase, mostly reflecting an increase in activity in the petroleum and coal products industries.