“Manufacturing sales increased for the third consecutive month in July, rising 0.9% to $58.6 billion,” Statistics Canada reported on Tuesday.
Key takeaways from the press release
- Higher sales in the transportation equipment and chemical industries drove the increase.
- Overall, sales were up in 11 of 21 industries, representing 68% of total manufacturing sales.
- Non-durable goods rose 1.4% to $27.7 billion, while durable goods increased 0.5% to $30.9 billion.
- Constant dollar sales increased 1.0%, indicating that a higher volume of goods was sold in July.
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