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August 15, 2022MANUFACTURING SHIPMENTS, JUNE 2022 Month over month (seasonally adjusted, June 2022 vs May 2022)
Nova Scotia's manufacturing shipments decreased 10.8% to $992 million. National shipments decreased 0.8% to $71.8 billion.
Manufacturing shipments were lower in 8 of 10 provinces, led by provinces in the Atlantic region. Manitoba had the highest growth.
Year over year (seasonally adjusted, June 2022 vs June 2021)
Nova Scotia's manufacturing shipments increased 10.4%. National shipments increased 18.8%.
Manufacturing shipments were up in 9 of 10 provinces, led by Manitoba and Alberta. Newfoundland and Labrador was the only province to report a decline.
Year to date (seasonally adjusted, Jan-June 2022 vs Jan-June 2021)
Nova Scotia's manufacturing shipments increased 8.2%. National shipments increased 19.9%.
Manufacturing shipments were up in 9 of 10 provinces, led by New Brunswick, Alberta, and Saskatchewan. Newfoundland and Labrador was the only province to report a decline.
Nova Scotia's durable goods shipments increased 7.4%, while non-durable goods shipments increased 10.1%. In Halifax, durable goods shipments increased 4.3%, while non-durables increased 7.4%. Outside Halifax, durable goods shipments increased 10.9%, while non-durables increased 10.6%.
Trends
Nova Scotia's manufacturing shipments were 21.8% higher in June 2022 than in February 2020. National shipments have also been trending upwards and were 27.1% higher in June 2022 when compared to February 2020 levels.
Statistics Canada. 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); Table 16-10-0011-01 Manufacturing sales, by industry for 12 Selected Census Metropolitan Areas (x 1,000)
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