Sales fell in 17 of 21 industries, led by the transportation equipment and petroleum and coal product industries, in a May 14, 2020 story. (Photo by THE CANADIAN PRESS)

Manufacturing sales fell 9.2% in March as factories closed due to the pandemic

Sales fell in 17 of 21 industries

OTTAWA — Statistics Canada reports manufacturing sales plunged 9.2 per cent to $50.8 billion in March as factories shut down due to the COVID-19 pandemic or faced sharply lower demand.

The agency says it was the biggest percentage drop since December 2008 when the economy was gripped by the financial crisis.

Statistics Canada also noted it was the lowest level for manufacturing sales since June 2016, but that given the ongoing crisis the decline in sales is expected to continue into April.

Sales fell in 17 of 21 industries, led by the transportation equipment and petroleum and coal product industries. However, sales were up in food, paper, as well as the beverage and tobacco industries.

Excluding motor vehicles, parts and accessories, manufacturing sales were down 5.5 per cent.

In volumes terms, manufacturing sales fell 8.3 per cent.

This report by The Canadian Press was first published May 14, 2020.

Business

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Sylvan Lake RCMP searching for missing man

Steven Hull was last seen in Sylvan Lake the morning of May 28.

$2 raise for some health care workers in Alberta over a month late

Delay isn’t from Alberta Health, spokesperson confirms

Wind warning issued for central Alberta

City of Red Deer and Lacombe under wind warning

Only 13 new COVID-19 cases confirmed by Alberta gov’t Saturday

There’s currently only two active cases in province’s central zone

Facing changes together: Your community, your journalists

Sylvan Lake News is firmly committed to seeing you through the changes ahead, but we need your help

Facing changes together: Your community, your journalists

Sylvan Lake News is firmly committed to seeing you through the changes ahead, but we need your help

Protests spark virus fears in US; South Korea sees new cases

About 6.1 million infections have been reported worldwide

Pandemonium erupts again in U.S. cities as public anger shows no sign of abating

Officer charged with manslaughter and third-degree murder

SpaceX’s historic encore: Astronauts arrive at space station

SpaceX Dragon capsule pulled up to the station and docked automatically

Ottawa pledges millions to promote holiday travel in Canada during pandemic

Funding announced include $30 million originally earmarked for attracting foreign visitors

Most Read