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November 16, 2020MANUFACTURING SHIPMENTS, SEPTEMBER 2020 Month over month (seasonally adjusted, Aug 2020 to Sep 2020)
Nova Scotia manufacturing shipments increased 11.5% to 787.2 million. Non-durable shipments were $491.9 million while durable shipments were $295.3 million.
In Canada, manufacturing shipments increased 1.5% to $53.8 billion. Overall sales decreased in 8 of 21 industries representing 25.7% of all manufacturing sectors. Durable goods increased 1.2% to $28.9 billion, decreasing 5.2% over September 2019. Non-durable goods increased 1.9% to $24.9 billion, decreasing 7.4% over September 2019.
Manufacturing sales increased in 9 provinces. Prince Edward Island had the largest growth at 18.0% . The only province to report a decline was Saskatchewan at -2.2%.
Year over year (seasonally adjusted, Sep 2020 vs Sep 2019)
Nova Scotia shipments increased 2.3%. Durable goods increased 10.8% ($28.8 million). Non-durable goods decreased 2.2% (-$11.3 million).
In Canada shipments decreased 6.2%. Durable goods decreased 5.2% (-$1.6 billion). Non-durable goods decreased 7.4% (-$2.0 billion).
Manufacturing sales increased in 9 provinces. Manitoba had the largest growth at 13.5%. Newfoundland and Labrador shipment growth decreased 52.1%.
Year to date (seasonally adjusted, Jan-Sep 2020 vs Jan- Sep 2019)
In Nova Scotia Manufacturing Shipments decreased 7.7% (-$533.8 million) to $6.4 billion. Non-durable goods industries decreased 10.1% (-$480.7 million) to $4.3 billion. Durable goods industries decreased 2.4% (-$53.1 million) to $2.1 billion.
In Canada Manufacturing Shipments decreased -13.5% (-$70.3 million) to $449.2 billion. Non-durable goods industries decreased 11.2% (-$27.4 million) to $217.2 billion. Durable goods industries decreased 15.6% (-$42.9 billion) to $232 billion.
Manufacturing sales were negative in all provinces. Manitoba had the smallest decline at -3.2%. Newfoundland and Labrador had the greatest decline at 44.1%.
Trends
As of September, Nova Scotia's manufacturing shipments were up 9.3% over Feb20 levels. National manufacturing shipments were 3.6% below Feb20 levels. Among provinces, only Nova Scotia, Manitoba and British Columbia manufacturing shipments have recovered to Feb20 levels.
In September Canada's new orders for manufacturing increased by 3.6%, while unfilled orders fell by 0.3%. Manufacturing inventories rose by 0.7%.
NOVA SCOTIA SECTORS
Year to date (seasonally adjusted, Jan-Sep 2020 vs Jan- Sep 2019)
In Nova Scotia Manufacturing Shipments decreased 7.7% (-$533.8 million) to $6.4 billion. Durable goods industries decreased 2.4% (-$53.1 million) to $2.1 billion. Non-durable goods industries decreased 10.1% (-$480.7 million) to $4.3 billion.
Year to date (unadjusted, Jan-Sep 2020 vs Jan- Sep 2019)
In Halifax Durable goods industries increased 5.7% ($64.4 million) to $1.2 billion. Non-durable goods industries decreased 0.5% (-$3.9 million) to $740.3 million.
In Outside Halifax Durable goods industries decreased 10.2% (-$108.6 million) to $0.9 billion. Non-durable goods industries decreased 11.7% (-$469.9 million) to $3.6 billion.
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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