Wholesale trade in Alberta slowed after record April
Sales were, however, much improved compared to the early months of the pandemic
By Rob Roach, ATB Economics 19 July 2021 less than a minute
After setting a record in April, wholesale trade in Alberta fell by 1.8% in May to $7.4 billion. Sales were, however, much improved compared to the early months of the pandemic, with year-over-year sales 26.0% higher than in May 2020.
Building material wholesalers saw sales fall by $106.4 million (7.2%) in May. Motor vehicle parts wholesalers and food and beverage wholesalers also lost ground in May, with sales down by $70.7 million (9.1%) and $46.0 million (2.9%), respectively.
Sales in all major wholesale categories were higher this May than the same month in 2020 and 2019.
Nationally, sales of wholesale goods rose 0.5% in May to $72.2 billion, the third consecutive monthly increase.
Answer to the previous trivia question: There were 151,912 new vehicles sold in Canada in May 2021.
Today’s trivia question: Where did the word “wholesale” come from?