Statistics Canada says manufacturing sales in August fell to their lowest level since January 2022 as sales in the primary metal and petroleum and coal product subsectors fell.<\/p>\n
The agency says manufacturing sales fell 1.3% to $69.4 billion in August, after rising 1.1% in July.<\/p>\n
The drop came as sales in the primary metal subsector dropped 6.4% to $5.3 billion in August, on lower prices and lower volumes.<\/p>\n
Sales in the petroleum and coal product subsector fell 3.7% to $7.8 billion in August on lower prices.<\/p>\n
Meanwhile, sales of aerospace products and parts rose 7.3% to $2.7 billion in August and wood product sales increased 3.8% to $3.1 billion.<\/p>\n
Overall manufacturing sales in constant dollars fell 0.8% in August.<\/p>\n","protected":false},"excerpt":{"rendered":"
Led by fall in sales in the primary metal and petroleum and coal product subsectors<\/p>\n","protected":false},"author":177802,"featured_media":468750,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2312,2313],"tags":[],"yst_prominent_words":[17560,58864,38334,37154,21240,21239,21236,21235,17650,16666,11862,6834,6002,4036,4033],"acf":[],"_links":{"self":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/494887"}],"collection":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/users\/177802"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/comments?post=494887"}],"version-history":[{"count":2,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/494887\/revisions"}],"predecessor-version":[{"id":494889,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/494887\/revisions\/494889"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/media\/468750"}],"wp:attachment":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/media?parent=494887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/categories?post=494887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/tags?post=494887"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/yst_prominent_words?post=494887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}