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Canada Manufacturing Sales

Price

1.1 %
Change +/-
+0.4 %
Percentage Change
+44.44 %

The current value of the Manufacturing Sales in Canada is 1.1 %. The Manufacturing Sales in Canada increased to 1.1 % on 4/1/2024, after it was 0.7 % on 2/1/2024. From 2/1/1981 to 5/1/2024, the average GDP in Canada was 0.33 %. The all-time high was reached on 6/1/2020 with 21.6 %, while the lowest value was recorded on 4/1/2020 with -27.6 %.

Source: Statistics Canada

Manufacturing Sales

  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Manufacturing Sales

Manufacturing Sales History

DateValue
4/1/20241.1 %
2/1/20240.7 %
11/1/20231.1 %
9/1/20230.8 %
8/1/20231.3 %
7/1/20231.1 %
5/1/20231.7 %
3/1/20230.3 %
1/1/20233.9 %
10/1/20222.6 %
1
2
3
4
5
...
30

Similar Macro Indicators to Manufacturing Sales

NameCurrentPreviousFrequency
🇨🇦
Bankruptcies
316 Companies339 CompaniesMonthly
🇨🇦
Business Climate
52 points63 pointsMonthly
🇨🇦
Business Climate Indicator
-2.31 points-2.88 pointsQuarter
🇨🇦
Capacity Utilization
79.1 %78.6 %Quarter
🇨🇦
Changes in Inventory Levels
25.669 B CAD25.393 B CADQuarter
🇨🇦
Composite Leading Indicator
99.314 points99.141 pointsMonthly
🇨🇦
Composite PMI
50.6 points49.3 pointsMonthly
🇨🇦
Corporate profits
140.514 B CAD141.034 B CADQuarter
🇨🇦
Electric Vehicle Registrations
8,191 Units10,243 UnitsQuarter
🇨🇦
Industrial production
0 %-0.4 %Monthly
🇨🇦
Industrial Production MoM
-0.04 %0.24 %Monthly
🇨🇦
Manufacturing PMI
49.3 points49.3 pointsMonthly
🇨🇦
Manufacturing Production
-2.5 %-3.5 %Monthly
🇨🇦
Mining Production
3 %6.1 %Monthly
🇨🇦
New Orders
68.712 B CAD70.407 B CADMonthly
🇨🇦
Services PMI
51.1 points49.3 pointsMonthly
🇨🇦
Small Business Sentiment
56.3 points56.6 pointsMonthly
🇨🇦
Vehicle Registrations
168,620 Units169,327 UnitsMonthly
🇨🇦
Wholesale Sales
-0.9 %2.4 %Monthly

In Canada, Manufacturing Sales offers a current snapshot of the values of goods produced by the Canadian manufacturing sector, facilitating analysis of the state of the Canadian economy and the health of specific industries in the short- to medium-term.

What is Manufacturing Sales?

Manufacturing Sales is a critical category within the realm of macroeconomic analysis and holds significant importance for both policymakers and market participants. At Eulerpool, we provide comprehensive and up-to-date data on Manufacturing Sales, offering invaluable insights into the health and trends of the manufacturing sector. Understanding and tracking Manufacturing Sales is essential for making informed decisions in areas like investment strategy, supply chain management, and policy development. The manufacturing sector is a cornerstone of most economies, often serving as a barometer for broader economic activity. When evaluating the intricacies of this sector, Manufacturing Sales data emerge as one of the most cogent indicators available. Manufacturing Sales data reflect the total value of goods sold by manufacturers, offering a clear picture of demand within the economy. High levels of manufacturing sales typically indicate robust economic health, suggesting strong consumer and business purchasing activity. Conversely, downturns in manufacturing sales could signal economic slowdowns, prompting closer scrutiny and proactive measures from different economic stakeholders. One of the primary reasons Manufacturing Sales are so pivotal is because they serve as a leading indicator for the economic cycle. The fluctuation in sales can predate shifts in the overall economic landscape. For instance, a steady increase in Manufacturing Sales often precedes economic expansion, suggesting rising consumer confidence and business investments. Conversely, declines might forewarn of an impending recession, thereby allowing for preemptive economic measures. Such predictive power makes Manufacturing Sales data indispensable for economists, financial analysts, and decision-makers. Additionally, Manufacturing Sales data can have profound implications for stock markets. Investors and analysts often use this data to gauge the profitability and growth potential of companies within the manufacturing sector. An uptick in manufacturing sales typically leads to higher revenues and, consequently, increased profitability for manufacturing firms. As a result, stock prices of these companies might rise, benefiting shareholders and bolstering market sentiment. Conversely, a downturn in manufacturing sales might depress stock prices, prompting strategic shifts among investors. Through our platform at Eulerpool, market participants can access timely and accurate Manufacturing Sales data, equipping them with the tools necessary to navigate financial markets effectively. Manufacturing Sales data also offer profound insights into the supply chain dynamics. In a globalized economy with intricate supply networks, understanding sales patterns can help companies manage their inventories more effectively. By analyzing sales trends, businesses can anticipate demand, optimize production schedules, and mitigate risks associated with overproduction or stockouts. This becomes particularly significant amid supply chain disruptions, where real-time data on manufacturing sales can guide swift adjustments to production and distribution strategies. Moreover, policymakers rely heavily on Manufacturing Sales data to design and implement effective economic policies. For instance, rising Manufacturing Sales might lead policymakers to consider tightening monetary policy to prevent overheating of the economy. On the other hand, declining sales could prompt stimulus measures to spur economic activity. Fiscal policies, such as tax incentives or subsidies, might also be calibrated based on manufacturing sales trends to support struggling industries or promote growth in thriving sectors. At Eulerpool, we recognize the importance of such data for policy formulation and strive to provide the most precise and reliable Manufacturing Sales statistics. Another key aspect of Manufacturing Sales is its impact on employment. The manufacturing sector is a significant employer in many economies, and sales trends can directly influence employment levels within the sector. An increase in Manufacturing Sales often leads to higher production volumes, necessitating more labor and thus, job creation. Conversely, a slump in sales might result in production cuts and potential layoffs. By tracking Manufacturing Sales, stakeholders can monitor employment conditions within the manufacturing sector and devise strategies to support workforce stability. Furthermore, understanding regional and industry-specific Manufacturing Sales trends can provide nuanced insights into the economic landscape. For instance, sales data broken down by region can help identify geographical areas of strength and weakness, guiding regional development policies and investment decisions. Similarly, analyzing sales across different manufacturing industries can highlight sector-specific trends, helping stakeholders allocate resources more effectively. At Eulerpool, we offer detailed and segmented Manufacturing Sales data to enable such granular analysis, empowering users to make informed decisions based on relevant and actionable insights. In conclusion, Manufacturing Sales is a vital component of macroeconomic analysis, offering a window into the economic health and trends of the manufacturing sector. At Eulerpool, we are committed to providing the most accurate and timely Manufacturing Sales data, supporting informed decision-making across various domains. Our platform serves as a valuable resource for economists, financial analysts, policymakers, and business leaders, enabling them to navigate the complexities of the economic landscape with greater confidence and precision. By leveraging our comprehensive Manufacturing Sales data, users can gain a deeper understanding of market dynamics, optimize their strategies, and contribute to sustainable economic growth.