MANUFACTURING SALES RISE FOR THE FIRST TIME SINCE SEPTEMBER OVERVIEW
The second half of 2018 was a rough stretch for Canadian manufacturing. After a strong start to the year, monthly output peaked at $58.5 billion in July and then began to decline steadily. Sales fell in four of the next five months, bottoming out at $56.5 billion in December.
However, stability in petroleum refining and a jump in food processing output helped the manufacturing sector start 2019 off on the right foot; manufacturers posted their first monthly increase in production since September.