Canadian Manufacturing Sales rise in June

Canadian Manufacturing Sales rise in June

Manufacturing sales rose 0.8% to $50.2 billion in June, following a 1.0% decline in May. Higher sales of machinery and transportation equipment products were largely responsible for the gain. Nearly three-quarters of the increase in June was attributable to these two industries. Overall, sales were up in 15 of 21 industries, representing 62% of the manufacturing sector. Durable goods rose 1.6% to $27.0 billion, while […]