CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

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CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

Advance estimate shows manufacturing sales grew in April

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Canadian manufacturing sales were up 1.2% in April, according to Statistics Canada's advance estimate. PHOTO by Pexels.

Total Canadian manufacturing sales increased 1.2% in April, according to an advance estimate provided by Statistics Canada.

The largest increase was in the transportation equipment subsector.

This estimate was calculated based on a weighted response rate of 64.7%. The average final response rate for the survey over the previous 12 months has been 94.7%.

As Statistics Canada continues to collect data for the April reference month, this early indicator is subject to a higher revision rate than its regular monthly release.

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