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

Canadian manufacturing sales rise in November

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Although Canadian manufacturing sales increased overall in November, sales of fabricated metal products declined 0.5% during the month. PHOTO courtesy Prima Power.

Canadian manufacturing sales increased 1.2% to $71.7 billion in November, according to Statistics Canada.

Sales in the motor vehicle industry group, an important customer for Canadian metalworking job shops declined by 4.0%, however. On a year-over-year basis, total manufacturing sales were down 0.8% in November.

Sales in constant dollars rose 1.6% in November, indicating that increased sales were driven by higher volumes as the Industrial Product Price Index fell 0.4% in November.

Sales of fabricated metal products was down 0.5% for the month.

Following three consecutive monthly declines, sales of primary metal products rose 4.0% to $5.6 billion in November, mainly on higher volumes (+3.9%). The gains were primarily attributable to higher sales of non-ferrous metals (except aluminum) (+13.8%). Prices for non-ferrous metal (except aluminum) production and processing increased 1.2% in November.

Sales of motor vehicles fell 4.0% to $5.2 billion in November, the second consecutive monthly decline. The continuation of a shutdown at a major auto assembly plant in Ontario for retooling contributed the most to the decrease. Despite the monthly decline, sales of motor vehicles were 26.8% higher on a year-over-year basis in November. Exports of motor vehicles and parts rose 1.4% in November.

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