Statistics Canada Updates Manufacturing Survey and Local Business Conditions

Monthly Survey of Manufacturing: Flash Estimate, June 2022

Given the rapidly evolving economic situation, Statistics Canada is providing an advance estimate of sales in the manufacturing sector for June. Advance results indicate that total manufacturing sales fell 1.0% in June. The largest decreases were in the petroleum and coal product and aerospace product and parts industries.

This estimate was calculated based on a weighted response rate of 65.4%. The average final response rate for the survey over the previous 12 months has been 93.9%. As Statistics Canada continues to collect data for the June reference month, this early indicator is subject to a higher revision rate than the regular monthly release..

Source: Statistics Canada 

Real-Time Local Business Conditions, June & July

The Real-time Local Business Conditions Index is released as an experimental statistic to measure business activity in real time during the COVID-19 pandemic and beyond.  A rising index reflects improving business conditions in an urban centre, while a declining index signals deteriorating business conditions.

The Index has three components that combine alternative data sources with Statistics Canada’s data holdings: the first is a static component to measure the economic size of a business district at the local level; the second tracks operating conditions of the businesses in a given area; and the third measures the level of business activity in the area using road traffic data.

Here are the updates for major Canadian cities for June and July:

To view additional cities and data, visit the Statistics Canada website.

Source: Statistics Canada