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Canadian manufacturing sales almost back to pre-downturn levels

Feb 16, 2012 – The Canadian Press (OTTAWA)—Statistics Canada says manufacturing sales rose 0.6 per cent to $49.9 billion in December, the fifth increase in six months.

The agency says manufacturing now has rebounded close to the $50.2 billion recorded in October 2008, when the economic downturn began.

Monthly sales for seven of 21 manufacturing industries have reached or surpassed levels recorded in 2008.

Plenty of bright spots in manufacturing report

Globe and Mail – 51 minutes ago

Even though manufacturing sales rose just 0.6 per cent in the last month of 2011 — less than a third of what Bay Street analysts had pencilled in — there were still some positives in Statistics Canada’s report.

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