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January 22, 2019MANUFACTURING SHIPMENTS, NOVEMBER 2018 NOVA SCOTIA
Month-over-month
In Nova Scotia November 2018, seasonally adjusted Manufacturing Shipments decreased 1.8% to $751.9 million over October 2018 and increased 0.5% over November 2017.
Year-to-date
In Nova Scotia Jan-Nov 2018, seasonally adjusted Manufacturing Shipments increased 10.0% ($757.3 million) to $8.3 billion.
Non-durable goods shipments, accounting for 70% of Manufacturing Shipments, increased 14.2% ($720.6 million) to $5.8 billion.
Durable manufacturing, accounting for 30% of Manufacturing Shipments, increased 1.5% ($36.7 million) to $2.5 billion.
CANADA
In Canada November 2018, seasonally adjusted Manufacturing Shipments decreased 1.4% to $57.3 billion over October 2018 and increased 2.7% over November 2017.
Compared to October 2018, overall sales decreased in 13 of 21 industries representing 45.3% of all manufacturing sectors. Durable goods increased 0.5% to $30.1 billion over Oct 2018 and increased 1.9% over November 2017. Non-durable goods decreased 3.4% to $27.2 billion over Oct 2018 and increased 3.7% over November 2017.
Inventory to sales ratio increased to 1.47 in November.
Unfilled orders increased for the second consecutive month with an increase of 0.3% to $96.6 billion mostly due to the aerospace product and parts industry. Unfilled orders were also up in the computer and electronic product and fabricated metal product industries.
New orders decreased 2.9% to $57.6 billion over October 2018.
PROVINCES
On a seasonally adjusted, month-over-month basis, Manufacturing sales increased in 4 provinces in November 2018 over October 2018. Newfoundland and Labrador had the largest growth at 5.2%. New Brunswick shipment growth decreased 25.9%. Nova Scotia shipments decreased 1.8%. In Canada shipments decreased 1.4%.
On a seasonally adjusted year-over-year basis, Manufacturing sales increased in 7 provinces in November 2018 over November 2017. Saskatchewan had the largest growth at 10.7%. New Brunswick shipment growth decreased 28.0%. Nova Scotia shipments increased 0.5%. In Canada shipments increased 2.7%.
On a seasonally adjusted, year-to-date basis, Manufacturing sales increased in all provinces in Jan-Nov 2018. Newfoundland and Labrador had the largest growth at 16.4%. New Brunswick shipment growth only increased 2.2%. Nova Scotia shipments increased 10.0%. In Canada shipments increased 5.8%.
YEAR-TO-DATE UNADJUSTED DATA
On an unadjusted year-to-date basis, manufacturing shipments growth was positive in all provinces. In Canada shipments increased 5.8%. Nova Scotia shipments increased 9.5%.
SOURCES
Statistics Canada Monthly survey of Manufacturing, October 2018
Table 16-10-0047-01 Manufacturers' sales, inventories, orders and inventory to sales ratios, by industry (dollars unless otherwise noted)
Table 16-10-0048-01 Manufacturing sales by industry and province, monthly (dollars unless otherwise noted) (x 1,000)
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