“Manufacturing sales increased 1.4% to $57.1 billion in May, following a 1.1% decline in April,” Statistics Canada reported on Tuesday. Key takeaways from the official publications Sales rose in 14 of 21 industries, representing 64% of total manufacturing sales. The chemical, machinery, and wood product industries accounted for most of the gains in May. The transportation equipment industry posted the largest decline. In constant dollars, manufacturing sales were up 0.9%. Manufacturing inventories rose 0.4% to a record high $81.5 billion in May. The unadjusted manufacturing capacity utilization rate increased from 80.6% in April to 81.9% in May. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/JPY: Which way? – Rabobank FX Street 5 years "Manufacturing sales increased 1.4% to $57.1 billion in May, following a 1.1% decline in April," Statistics Canada reported on Tuesday. Key takeaways from the official publications Sales rose in 14 of 21 industries, representing 64% of total manufacturing sales. The chemical, machinery, and wood product industries accounted for most of the gains in May. The transportation equipment industry posted the largest decline. In constant dollars, manufacturing sales were up 0.9%. Manufacturing inventories rose 0.4% to a record high $81.5 billion in May. The unadjusted manufacturing capacity utilization rate increased from 80.6% in April to 81.9% in May. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
