Statistics Canada Monthly Survey of Manufacturing, May 2021 July 16, 2021 by PLANT Staff
Statistics Canada released its monthly manufacturing survey for May 2021. According to the survey results, manufacturing sales fell 0.6 per cent to $57.9 billion in May, the second consecutive monthly decline.
The machinery, chemical and fabricated metal industries were mainly responsible for the decline. Sales of wood product manufacturing increased the most, followed by primary metal. Year over year, total sales were up 42.6 per cent.
Sales in constant dollars decreased 2.5 per cent to $48.2 billion in May, the second consecutive decline indicating a lower volume of goods sold as manufacturers continued to deal with supply chain issues. Sales of machinery products declined the most (-16.2 per cent) by volume.
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