Hey there, time traveller!
This article was published 15/4/2014 (1104 days ago), so information in it may no longer be current.
Manufacturing sales in Manitoba climbed to their highest level in 18 months in February, Statistics Canada said today.
The agency said local factories shipped out $137 billion worth of goods during the month, which was a gain of 6.3 per cent from January’s total of $1.32 billion and a 1.6 per cent improvement from a year earlier.
The month-over-month increase was the second-highest among the provinces after Newfoundland and Labrador’s 16.2 per cent. It was also more than four times the national average increase.
However, the year-over-year gain was the smallest among the eight provinces that posted an increase.
Statistics Canada attributed most of Manitoba’s monthly increase to higher sales of transportation equipment.
Nationally, manufacturing sales rose to their highest level since July 2008, the peak that was reached before the last recession began.
Statistics Canada said sales climbed by 1.4 per cent to $51.2 billion in February, and the gain was largely attributable to higher sales in the transportation equipment industry and the petroleum and coal product industry.
Transportation equipment sales rose 4.3 per cent to $8.9 billion, while sales in the petroleum and coal product industry increased 2.9 per cent to $7.5 billion.