Canada manufacturing sales for July 2.5% versus 1.8% estimate ...Middle East

Manufacturing sales prior month 0.3%Manufacturing sales for July 2.5% versus 1.8% estimate

Prior month 0.7%Wholesale trade 1.2% vs 1.3% estimate

Subsector gains: 4 of 7 subsectors rose, covering ~75% of wholesale trade

Building materials & supplies: +2.7%

Volume terms: +0.8% in July

Transportation equipment sales rebounded +8.6% to $11.4B in July after four monthly declines.

Motor vehicle parts: +7.2%

Seasonal shutdowns in Ontario were less pronounced this year due to a broader production slowdown linked to new US tariffs.

Aerospace manufacturers showed stronger-than-usual July output, reflecting solid demand.

Growth driven by ramp-up in refined petroleum production after April–May refinery shutdowns.

Year-over-year sales: -12.7% despite recent gains.

Goods in process: +2.0%

Finished products: -0.5%

Petroleum & coal products: +2.6%

Inventory-to-sales ratio fell to 1.72 from 1.75 in June, indicating slightly quicker turnover.

Unfilled orders edged down -0.1% to $112.3B, with notable declines in miscellaneous manufacturing (-14.1%) and plastics & rubber (-9.0%).

This article was written by Greg Michalowski at investinglive.com.

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