Manufacturing declines again in February

Manufacturing declines again in February

Manufacturing declines again in February Data from Statistics Canada shows that manufacturing declined for the second month in row in February. Month-over-month sales were down 1.7 per cent; 2 per cent lower than analysts had expected; auto and aerospace manufacturers were the main drag. Volume of sales was down 2.5 per cent. StatsCan also revised its January figures down to a 3 per cent decline from the previously estimated 1.7 per cent decline.