Posted January 20, 2010
Canadian manufacturing edges up
Manufacturing sales in Canada edged up 0.1% to $42.6 billion in November, according to Statistics Canada.
Gains in several industries were offset by decreases in the transportation equipment industry. This was the fifth increase in manufacturing sales in six months.
Sales gains in chemical manufacturing and in petroleum and coal products were offset by declines in the aerospace product and parts and motor vehicle industries.
Constant dollar manufacturing sales decreased 0.8% in November. This was the first decrease in constant dollar sales in three months. Even with the recent advances, constant dollar manufacturing sales were 8.4% below November 2008.
