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“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.