Sales: Manufacturing: Total Manufacturing: Value for Canada
CANSLMNTO02MLSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
70,955,466,000.00
Year-over-Year Change
-1.53%
Date Range
1/1/1960 - 10/1/2023
Summary
The 'Sales: Manufacturing: Total Manufacturing: Value for Canada' series measures the total value of manufacturing sales in Canada, providing insight into the country's industrial output and economic activity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This monthly economic indicator tracks the total value of all manufacturing sales in Canada, covering a wide range of industries from automotive to food processing. It is a key metric used by economists and policymakers to assess the health and performance of the Canadian manufacturing sector.
Methodology
The data is collected through a monthly survey of Canadian manufacturing establishments by Statistics Canada.
Historical Context
Manufacturing sales are an important barometer of Canada's economic performance and are closely monitored by the Bank of Canada and other institutions.
Key Facts
- Canada is the 10th largest manufacturing economy in the world.
- Manufacturing accounts for over 10% of Canada's GDP.
- The automotive industry is the largest component of Canadian manufacturing.
FAQs
Q: What does this economic trend measure?
A: The 'Sales: Manufacturing: Total Manufacturing: Value for Canada' series measures the total value of all manufacturing sales in Canada, covering a wide range of industries.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing sales are a key indicator of the health and performance of the Canadian economy, providing insight into industrial output and economic activity.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of Canadian manufacturing establishments by Statistics Canada.
Q: How is this trend used in economic policy?
A: Manufacturing sales are closely monitored by the Bank of Canada and other institutions as an important barometer of Canada's economic performance.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical release lag of around 6-8 weeks.
Related Trends
Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Canada
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Use of Financial Services, Liabilities: Outstanding Deposits at Commercial Banks for Canada
CANFCLODCXDC
Nonfinancial Corporate Bonds to Total Bonds and Notes Outstanding for Canada
DDAM03CAA156NWDB
Real Gross Domestic Product for Canada
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Business Tendency Surveys: Employment: Economic Activity: Manufacturing: Future Tendency for Canada
CANBSEMFT02STSAQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Canada
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Citation
U.S. Federal Reserve, Sales: Manufacturing: Total Manufacturing: Value for Canada (CANSLMNTO02MLSAM), retrieved from FRED.