cover image: Manufacturing, the year 2011 in review : Fabrication, bilan de l'année 2011

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Manufacturing, the year 2011 in review : Fabrication, bilan de l'année 2011

2 Aug 2012

The Canadian manufacturing sector continued to recover in 2011 following the economic downturn of 2009. Higher sales reflected greater domestic and foreign demand for Canadian manufactured products. Manufacturing sales advanced 7.8% in 2011 to $571.2 billion. Manufacturers in 14 out of 21 industries reported higher sales in 2011 compared to 2010. Gains in the petroleum and coal products industry contributed greatly to the rise in manufacturing sales. Primary metals, transportation and machinery manufacturers also reported higher sales and contributed to the overall increase. Sales in machinery were at a record high in 2011. Over one-third of the sales advance in machinery was reported in mining and oil and gas field equipment machinery. Increased capital expenditures in the conventional and non-conventional oil and gas extraction sector in the last few years have fostered growth in this industry.
economics economy recession petroleum science and technology canada employment industry investments labour productivity prices productivity economic downturn oil and gas gdp downturn quebec manufacturing industries artificial objects economy, business and finance provinces and territories of canada ontario ontario’s

Authors

Richards, Elizabeth

ISBN
9781100209753
Pages
25
Published in
Canada

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