-
Monthly Survey of Manufacturing, July 2023
Following a 2.0% decline in June, Canadian manufacturing sales increased 1.6% to $71.9 billion in July, led primarily by higher sales of food products (+3.1%), petroleum and coal products (+4.6%) and transportation equipment (+2.4%). Meanwhile, sales of paper (-4.6%) and plastics and rubber (-3.4%) products decreased the most. Sales in constant dollars rose 0.9% in July, while the industrial product price index increased 0.4% month over month. Despite the gains observed for July, the port strike in British Columbia disrupted supply chains primarily on the west coast of Canada and had moderate impacts on manufacturing ... (full story)