Canada: Manufacturing sales to rise by 1.0% in August – TDS

Analysts at TD Securities are looking for Canada’s manufacturing sales to rise by 1.0% in August (market: 0.7%) on a rebound in primary metals and partial rebound in motor vehicles.

Key Quotes

“A pickup in US activity bodes well for broader manufacturing conditions. Volumes should see a more modest increase but should nonetheless contribute positively to industry-level GDP.”