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For additional information relating to this article, please contact:

Barbara Ruszel Economist
Tel: 902-424-1848Email: Basia.Ruszel-Lichodzijewska@novascotia.ca

November 16, 2017
MANUFACTURING SHIPMENTS, SEPTEMBER 2017

 Nova Scotia

Nova Scotia’s seasonally adjusted manufacturing shipments decreased 3.6% in September 2017 to $688 million, and increased 3.3% over September 2016.

For the first nine months of the year (January-September), seasonally adjusted manufacturing shipments are 2.7% higher in 2017 than in 2016.

Unadjusted year-to-date (Jan-Sep), all shipments are up 2.6% (+$158 million):

  • non-durable shipments account for 65% of manufacturing shipments in 2017 and increased 3.5% over the same period last year.
  • Plastic and rubber shipments, with a 20% share, are up 13.6%, and
  • Beverages and tobacco, with a 2% share, are down 0.3% and
  • Food manufacturing, with a 28% share, are down 3.7% over the same period last year.
  • durable goods manufacturing accounts for 35% of shipments in 2017, increased 1.0%.
  • Wood products, with a 6% share, are up 2.7%,
  • Non-metallic mineral products, with a 2% share, are down 0.4%, 
  • Fabricated metal products, with a 4% share, are down 5.4%,
  • Machinery products, with a 2% share, are down 15.0%, and
  • Computer and electronics, with a 2% share, are down 1.1%, over the same period last year.

 

 

Canada

Canada manufacturing sales were up 0.5% to $53.7 billion in September 2017, and are up 4.6% above last year. Compared to August 2017, overall sales were up in 7 of 21 industries as durable goods decreased 0.5% and non-durable goods increased 1.7%.

The sales increase was led by gains of 10.3% in the Petroleum and coal industry, and by machinery (+1.9%) and paper (+1.0%). These gains were partially offset by declines in Transportation equipment industry (-0.7%) and food industry (-1.0%).

Inventory levels declined in September 2017 to $73.3 billion.  The Inventory to sales ratio decreased from 1.38 to 1.36. Unfilled orders were decreased to $85.1 billion, and new orders increased 1.7% to $52.8 billion over August 2017.

 

Provinces

Manufacturing sales were up in seven provinces in September 2017.  Nova Scotia, at  -3.6%, ranked  10th in month-over-month growth.

 

On a year-over-year basis (seasonally adjusted), manufacturing shipments are up 4.6% in Canada, with nine provinces recording positive year-over-year growth. Newfoundland (+55.8%) led the way.  Nova Scotia ranked 9th at 3.3%  growth over September 2016.

On a year-to-date basis, manufacturing shipments growth (unadjusted) was positive in all provinces.  Canada reported +6.2% ytd growth, with large gains reported in Newfoundland (+27.9%), and double digit gains in New Brunswick (+11.4%), Saskatchewan (+13.1%) and Alberta (+14.0%). Nova Scotia (+2.6%) ranked 9th. 

 

 Statistics Canada Manufacturing Shipments September 2017 and   CANSIM 304-0015 and 304-0014

 

 

 



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