Alberta manufacturing sales steady in September
Sales edged down just slightly compared to August but were well above where they were 12 months earlier
By Rob Roach, ATB Economics 15 November 2022 less than a minute
The seasonally-adjusted value of shipments from Alberta’s factories barely budged in September with sales down by 0.2%.
Manufactured food products posted the largest absolute decrease in month-over-month sales at -$60.1 million (-3.0%), but this was coming off a record-setting August.
Despite the modest monthly slippage, year-over-sales in the province were up by $1.9 billion (+26.7%).
Nationally, month-over-month sales were unchanged with sales down in all but two provinces (Quebec and Newfoundland and Labrador).
Year-over-year sales in Canada were up by 18.5%.
In constant dollar terms (which are not available from Statistics Canada at the provincial level), national factory sales decreased just slightly in September compared to August (-0.2%) while year-over-year sales were up by a solid 8.2%.
Answer to the previous trivia question: As of July 1, 2022, the Northwest Territories had the largest population of Canada’s three northern territories at 45,605. Yukon was in second spot at 43,789 and Nunavut was in third at 40,526.
Today’s trivia question: What was the dollar value of Alberta’s international exports of medical equipment and supplies in 2021?