Truck News

News

INDUSTRY PULSE: Manufacturers continue to stock up

OTTAWA, Ont. Manufacturing inventories have continued unabated since January 2004 and March was no exception. Inv...


OTTAWA, Ont. Manufacturing inventories have continued unabated since January 2004 and March was no exception. Inventories climbed a further 0.5% to $64.5 billion, the highest level since November 2001, Statistics Canada records indicate.

The boost in inventories was largely concentrated in raw materials, which increased 1.1% to $27.9 billion in March, the third monthly gain. This was partly counterbalanced by the relatively stable levels of goods-in-process ($14.4 billion) and finished products ($22.2 billion) inventories.

The motor vehicles (+15.0%), fabricated metal products (+1.6%) and beverage and tobacco products (+2.6%) industries were the primary contributors to the rise in inventories in March.


Truck News

Truck News

Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry.
All posts by

Print this page
Related Articles
TruckNews
TodaysTrucking


Have your say:

Your email address will not be published. Required fields are marked *

*