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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

January 19, 2018
MANUFACTURING SHIPMENTS, NOVEMBER 2017

Nova Scotia

Nova Scotia’s seasonally adjusted manufacturing shipments increased 2.3% in November 2017 to $755 million, and increased 7.8% over November 2016.


For the first eleven months of the year (Jan-Nov), seasonally adjusted manufacturing shipments are 4.4% higher in 2017 than in 2016.


 Unadjusted year-to-date (Jan-Nov), all shipments are up 4.4% (+$323 million):

 

  • non-durable shipments account for 66% of manufacturing shipments in 2017 and increased 4.8% over the same period last year.
  • Plastic and rubber shipments, with a 21% share, are up 17.2%, 
  • Beverages and tobacco, with a 2% share, are up 2.5% and
  • Food manufacturing, with a 28% share, are down 3.2% over the same period last year.

 

  • durable goods manufacturing accounts for 34% of shipments in 2017, increased 3.5%.
  • Wood products, with a 6% share, are up 5.5%,
  • Non-metallic mineral products, with a 2% share, are up 3.9%, 
  • Fabricated metal products, with a 4% share, are down 4.9%,
  • Machinery products, with a 2% share, are down 15.0%, and
  • Computer and electronics, with a 2% share, are down 0.9%, over the same period last year.

 

 

 

Canada

Canada manufacturing sales rose 3.4% to $55.5 billion in November 2017, and are up 6.0% above last year. Compared to October 2017, overall sales increased in 12 of 21 industries as durable goods increased 3.4% and non-durable goods increased 3.4%.

The sales increase was led by increases of 9.1% to $10.6 billion in the transportation equipment industry. Sales were also up in the petroleum and coal product industry  (+6.1% to $6.0 billion) and Chemical industry (+5.9% to $4.4 billion).


Increased sales were partially offset by decreases in computer and electronic products (-2.5%) and machinery industry (-0.6%).


Inventory levels increased 0.9% in November 2017 to $75.4 billion.  The Inventory to sales ratio decreased from 1.39 to 1.36. Unfilled orders were decreased 0.9% to $86.4 billion, and new orders decreased 1.8% to $54.7 billion over October 2017.

 

 Provinces


Manufacturing sales were up in nine provinces in November 2017.  Prince Edward Island had the largest month-over-month seasonally adjusted growth at 23.2%. Nova Scotia ranked 6th at 2.3%. The Canadian average was 3.4%.

On a year-over-year basis (seasonally adjusted), manufacturing shipments are up 6.0% in Canada, with nine provinces recording positive year-over-year growth. New Brunswick (+37.7%) reported the fastest growth.  Nova Scotia  ranked 7th with manufacturing shipments increasing 7.8% over November 2016.

On an unadjusted year-to-date basis, manufacturing shipments growth was positive in all provinces.  Canada reported +6.3% growth compared with the first eleven months of 2016.  The largest gains were reported in Newfoundland and Labrador (+26.2%), with notable gains in New Brunswick (+15.9%), Saskatchewan (+13.6%) and Alberta (+13.8%). Nova Scotia ranked 9th with manufacturing shipments increasing 4.4%.

  

 

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

 

 



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