Canada Manufacturing Sales

## What this measures

The value of goods Canadian factories shipped in a month, from the Monthly Survey of Manufacturing, seasonally adjusted.

## Why it matters

Factories are where trade policy and the U.S. economy reach Canada first; most of their output is exported to the United States.

## How to read it

Compare with a year earlier. It is in current dollars, so energy and metal prices move it; the survey publishes a constant-dollar version for volumes.

## What it does not say

It counts sales, not output or jobs, and price swings in petroleum and metals can dominate the total.

## Source

Statistics Canada, table 16-10-0047-01 (vector v800450), "Manufacturers sales, inventories, orders and inventory to sales ratios; Sales of goods manufactured (shipments); Seasonally adjusted; Manufacturing". Palanor pulls it from Statistics Canada's Web Data Service every day and rewrites recent periods so revisions carry through.

Source: Statistics Canada. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada. Statistics Canada Open Licence.