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Manufacturing driven by chemicals & aerospace industries

16 Nov '05
1 min read

Following a red-hot August (+3.1%), manufacturers curtailed production in September as shipments edged down 0.5% to $51.6 billion. A hefty decline in motor vehicle manufacturing was partly offset by increases in the aerospace and chemicals products industries.

Excluding the motor vehicle and parts industries, total manufacturing shipments increased at a reasonably healthy pace of 0.6%.

Although manufacturing activity tapered off in September, the decrease was not widespread; only 10 of 21 industries accounting for just over half of the total value of shipments (53%), posted decreases. At 1997 prices, shipments fell 0.6% to $47.7 billion, which followed August's volume based surge in production (+3.0%).

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The Daily, Statistics Canada

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