Canada. Manufacturing Sales Increase for the First Time since July 2008

Manufacturing sales increased 2.2% to $42.9 billion, the first increase since July 2008. Motor vehicle and motor vehicle parts industries in Ontario were behind most of the gains in February, following widespread slowdowns and shutdowns in January.

Excluding motor vehicles and parts and accessories, manufacturing sales edged down 0.2%, the seventh monthly decline in a row.

Constant dollar manufacturing sales, which are measured in 2002 prices, rose 2.6% to $39.4 billion in February. This was the first increase in constant dollar sales since September 2008.

Ontario led the way with a 7.2% increase in February following six months of decreasing sales.

The main contributors to the advance were the motor vehicle (+36.2%) and motor vehicle parts (+41.7%) industries. Even with February's gain, total manufacturing sales in Ontario remained almost 20% below year-ago levels.

Source: Statistics Canada, April, 16, 2009

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