Monthly report on Canada's manufacturing sector. The data shows the current level of activity among Canadian manufacturers and gives insight into Canada's economy as a whole. Because changes in GDP are heavily concentrated in the industrial sector, growth in manufacturing will usually lead to a higher GDP.

The report provides four key statistics: new orders, unfilled orders, shipments, and inventories. The figures are usually studied in relation to each other, particularly the inventories-to-shipments ratio.

Note : Only 35,000 out of over 100,000 manufacturing firms in Canada are eligible to participate in the survey. Each month, 10,000 firms are chosen for the survey. If chosen, participation in the survey is mandatory.

Relevance : Rarely affects markets
Release Schedule : 8:30 AM (EST); monthly, in the middle of each month
Source of Report : Statistics Canada
Web Address : http://www.statcan.ca/start.html
Address of Release : http://www.statcan.ca/english/Release/index.htm
Refer current year > Monthly Survey of Manufacturing