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For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

August 14, 2020
MANUFACTURING SHIPMENTS, JUNE 2020

 

COVID-19 AFFECT ON SALES

In Canada, "Manufacturing sales rose by a record 20.7% to $48.7 billion in June, following an 11.6% increase in May. Many factories operated at a much higher capacity in June, with the capacity utilization rate (not seasonally adjusted) for the total manufacturing sector increasing 10.9 percentage points to 73.3%.

Based on respondent feedback, the largest estimated impacts of the pandemic on manufacturing sales in dollar terms were in

  • transportation equipment (-$1.1 billion),
  • machinery (-$481 million),
  • fabricated metal product (-$463 million),
  • petroleum and coal product (-$385 million),
  • food (-$319 million), and
  • primary metal (-$260 million)"

Statistics Canada

 

CANADA 

 In  Nova Scotia June 2020, seasonally adjusted Manufacturing Shipments increased 16.2% to $752.4 million  over May 2020 and decreased 1.1% over June 2019. 

In  Canada June 2020, seasonally adjusted Manufacturing Shipments

  • Compared to May 2020, overall sales decreased in 20 of 21 industries 
  • overall sales increased 20.7% to $48.7 billion  over May 2020 and decreased 15.6% over June 2019
  • Durable goods increased 34.1% to $25.5 billion  over May 2020 and decreased 17.5% over June 2019.
  • Non-durable goods increased 8.8% to $23.3 billion  over May 2020 and decreased 13.5% over June 2019.

 

 

PROVINCES

On a seasonally adjusted, month-over-month basis, Manufacturing sales increased in 8 provinces. In June 2020 over May 2020, Ontario had the largest growth at 35.8%, Prince Edward Island shipment  growth decreased 7.2%. Nova Scotia shipments increased 16.2%. In Canada shipments increased 20.7%.

On a seasonally adjusted year-over-year basis, Manufacturing sales  declined in all provinces. In June 2020 over June 2019, Nova Scotia had the smallest decline  -1.1%. Newfoundland and Labrador reported the largest decline at 54.5%. In Canada shipments decreased 15.6%.

 

NOVA SCOTIA SECTORS

Month-over-month seasonally adjusted

In  Nova Scotia June 2020, seasonally adjusted Manufacturing Shipments increased 16.2% to $752.4 million  over May 2020 and decreased 1.1% over June 2019. Durable shipments were up 12.2 per cent compared to May 2020 and are 4.1 per cent below June 2019. Non-durable shipments increased 25.3 per cent compared to last month and are 5.6 per cent higher than June 2019

 

Year-over-year Unadjusted

Unadjusted Year-over-year (Jun 2020 vs Jun 2019), Manufacturing Shipments increased 1.8% ($14.5 million).

  • Non-durable goods shipments, accounting for 67% share of Manufacturing Shipments, decreased 0.7% (-$4.1 million).
  • Food manufacturing with a 34% share of Manufacturing Shipments, increased 14.5% ($36.0 million).
  • Plastics & rubber products  with a 18% share of Manufacturing Shipments, decreased 19.8% (-$36.0 million).
  • Other non-durables with a 15% share of Manufacturing Shipments, decreased 3.2% (-$4.2 million).
  • Durable goods shipments, accounting for 33% share of Manufacturing Shipments, increased 7.3% ($18.6 million).
  • Wood product manufacturing  with a 5% share of Manufacturing Shipments, increased 35.1% ($11.0 million).
  • Fabricated metal Prod with a 4% share of Manufacturing Shipments, increased 8.4% ($2.6 million).
  • Machinery manufacturing with a 2% share of Manufacturing Shipments, decreased 38.7% (-$9.4 million).
  • Other durables with a 22% share of Manufacturing Shipments, increased 8.6% ($14.5 million).

 

 

CENSUS METROPOLITAN AREAS (CMA) SECTORS

 

HALIFAX CMA

 

 

In Halifax, month-to-month/year-over-year,

  • unadjusted manufacturing shipments have increased 27.0% to $242.0 million over May 2020 and increased 13.6% over June 2019.
  • Non-durable shipments have increased 18.3% to $92.2 million over May 2020 and increased 0.2% over June 2019.
  • Durable shipments have increased 33.0% to $149.8 million over May 2020 and increased 23.7% over June 2006. 

 

 In the rest of Nova Scotia, month-to-month/year-over-year,

  • unadjusted manufacturing shipments have increased 15.6% to $585.8 million over May 2020 and declined 2.4% over June 2019.
  • Non-durable shipments have Increased 12.5% to $462.8 million over May 2020 and declined 0.9% over June 2019.
  • Durable shipments have Increased 28.9% to $123.1 million overMay 2020 and declined 7.6% over June 2019.

 

 

 

During the COVID-19 pandemic, comparisons of year-to-date averages and sums do not show Nova Scotia’s rapidly changing economic situation.  The DailyStats will focus on year-over-year comparisons, comparing one month with the same month in the prior year.  Where possible the DailyStats will make comparisons of seasonally adjusted data from the pre-COVID-19 period (January  and February 2020) with the period during which COVID-19 measures were in place from March 2020 onwards.

 

SOURCES

Statistics Canada Monthly survey of Manufacturing

Statistics Canada.  Table  16-10-0047-01   Manufacturers' sales, inventories, orders and inventory to sales ratios, by industry (dollars unless otherwise noted)

Statistics Canada.  Table  16-10-0048-01   Manufacturing sales by industry and province, monthly (dollars unless otherwise noted) (x 1,000)

Statistics Canada.  Table 16-10-0011-01    Manufacturing sales, by industry for 12 Selected Census Metropolitan Areas (x 1,000)

 

 



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