OTTAWA, Ont. - Manufacturers' shipments increased 0.8 per cent in September to $42.4 billion, according to the latest Statistics Canada numbers. September's increase, while more modest than the 3.5 pe...
ON A ROLL: Manufacturers upped their shipments in 17 of 22 major groups.
OTTAWA, Ont. – Manufacturers’ shipments increased 0.8 per cent in September to $42.4 billion, according to the latest Statistics Canada numbers. September’s increase, while more modest than the 3.5 per cent surge registered in August, maintained an upward trend that has continued unabated since July 1998.
The increase was widespread. Manufacturers’ shipments increased or remained the same in 17 of the 22 major groups tracked by Statistics Canada, representing 82.7 per cent of the total value of shipments.
Both unfilled orders and inventories increased in September.
The largest contributors to the increase were refined petroleum and coal products (up 8.3 per cent), paper and allied products (up 3.3 per cent), and aircraft and parts (up 7.3 per cent) industries.
Shipments in the refined pet-roleum and coal, and the paper and allied products industries were boosted in part due to price increases of five per cent and 1.8 per cent, respectively.
From a geographic perspective, manufacturers’ shipments rose in seven provinces. Nova Scotia (down 3.5 per cent), New Brunswick (down 0.8 per cent) Saskatchewan (down 0.7 per cent) and the territories (down 6.0 per cent) registered declines. n
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