Canadian manufacturing sales rebounded from a poor showing in August, rising 2.1 per cent in September to $53 billion. The increase in sales was the eighth gain in the past nine months and was primarily the result of higher sales of transportation equipment.
In BC, where manufacturing employs over 160,000 people, manufacturing sales were up 1.9 cent on a monthly basis, and were 9 per cent higher year-over-year. Through the first nine months of the year, manufacturing sales are close to 7 per cent higher than last year. “Copyright British Columbia Real Estate Association. Reprinted with permission.”