(Feb. 28, 2013) -- Manufacturing sales declined 3.1
percent in December to $48.0 billion – the largest decline since
Just over half of the decrease reflected lower sales in
the transportation equipment industry. Sales were also down in the
chemical, petroleum and coal product as well as the fabricated metal
product industries, reports Stats Canada.
Sales decreased in 16 of 21 industries, representing 82
percent of the manufacturing sector.
More than two-thirds of the decline in Canadian
manufacturing sales was concentrated in Ontario. In total, six provinces
posted lower sales in December.
Inventories decreased 1 percent to $64.5 billion,
primarily reflecting declines in the transportation equipment as well as
the petroleum and coal product industries.