Statistics Canada says manufacturing sales rose in May after posting a record plunge in April, but remained well below their pre-pandemic level.
Fabricator Mike Caldarino uses a grinder at George Third & Son Steel Fabricators and Erectors, in Burnaby, B.C., on March 29, 2018. manufacturing sales rose in May after posting a record plunge in April, but remained well below their pre-pandemic level.
The agency says manufacturing sales rose 10.7 per cent to $40.2 billion in May from a month earlier as many factories resumed production after full or partial shutdowns due to the COVID-19 pandemic.Newsletter sign-up: Get The COVID-19 Brief sent to your inbox Economists on average expected an increase of 9.5 per cent for May, according to financial markets data firm Refinitiv.
Sales were up in 18 of 21 industries, led by the motor vehicle, motor vehicle parts and petroleum and coal products industries.This report by The Canadian Press was first published July 15, 2020
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