Canadian Manufacturing Sales Decline

Canadian manufacturing sales decline | BCBusiness
Aerospace product and parts account for part of the recent decline in Canadian manufacturing.

Canadian manufacturing sees its most significant decline since May 2009

Statistics Canada announced that manufacturing sales saw their largest decline since May 2009, going down 3.1 per cent in December 2012. Sales decreased in 16 of 21 industries.
Overall in 2012, Canadian manufacturing sales were up by 3.4 per cent from 2011, reaching $590.5 billion—which is only half the rate of growth in 2011 and 2010.
The decline was focused in Ontario, with the most significant losses in the motor vehicle assembly (-15.9 per cent); the aerospace product and parts (-41.2 per cent); chemical (-4.3 per cent); computer and electronic product (-9.8 per cent); and motor vehicle parts (-2.7 per cent).