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	<title>Invest in Canada &#187; factory sales</title>
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		<title>Factory sales plunge in record drop</title>
		<link>http://www.invest-in-canada.com/manufacturing/factory-sales-plunge-in-record-drop.htm</link>
		<comments>http://www.invest-in-canada.com/manufacturing/factory-sales-plunge-in-record-drop.htm#comments</comments>
		<pubDate>Mon, 16 Feb 2009 16:54:18 +0000</pubDate>
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				<category><![CDATA[Manufacturing]]></category>
		<category><![CDATA[factory sales]]></category>

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Factory sales in Canada posted their biggest decline on record in December, with the downturn affecting virtually every industry group and province, Statistics Canada reported Monday.
Manufacturing sales plunged 8% to $44.2-billion in December from $48-billion in November, the fifth consecutive month of falling values, and the worst since the federal agency began delivering the current [...]]]></description>
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<p class="photo border_btm"><img id="storyphoto" src="http://a123.g.akamai.net/f/123/12465/1d/www.financialpost.com/news/1295019.bin?size=404x272" alt="Assembly line workers handle engines for Chrysler.  The downturn in manufacturing sales was considerably worse than the 5.3% drop that had been projected by analysts." /></p>
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<p>Factory sales in Canada posted their biggest decline on record in December, with the downturn affecting virtually every industry group and province, Statistics Canada reported Monday.</p>
<p>Manufacturing sales plunged 8% to $44.2-billion in December from $48-billion in November, the fifth consecutive month of falling values, and the worst since the federal agency began delivering the current series of data in 1992.</p>
<p>The downturn was considerably worse than the 5.3% drop that had been projected by analysts.</p>
<p>&#8220;Declines were widespread in December, as sales fell in 20 of 21 manufacturing industries,&#8221; Statistics Canada said.</p>
<p>&#8220;All provinces, with the exception of Prince Edward Island, posted lower manufacturing sales in December, ranging from a drop of 14.2% in both Nova Scotia and Saskatchewan to a 2.4% decrease in Manitoba.&#8221;</p>
<p><a href="http://www.financialpost.com/news/story.html?id=1295012">More..</a></p>
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