Manufacturing sales fall 0.9% in March: StatsCan
Sales were down in 16 of 21 industries.
OTTAWA — Statistics Canada says manufacturing sales fell 0.9% to $50 billion in March, due to lower sales of transportation equipment and primary metals.
It was the second consecutive monthly decline.
Economists had expected a drop of 1.8%, according to Thomson Reuters.
Statistics Canada says sales were down in 16 of 21 industries.
Transportation equipment sales fell 3.4% to $10.8 billion in March, while primary metal sales fell 5.6% to $3.5 billion.
In constant dollar terms, sales were up 0.1% in March, suggesting that higher volumes of manufactured goods were sold.