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As many of us have
heard or seen, the manufacturing sector has been heavily
affected by this recession.
Although things were looking up in February which saw a gain
in sales; there was a 2.7% drop in March.
This marks a 25% drop since July of 2008; most of it happening
between November 2008 and January 2009.
"In total, 15 of 21 manufacturing industries saw a decrease in
March. Motor vehicle parts sales dropped 17.6% in March, even
though motor vehicle sales jumped 22.2%. Despite the recent
bump, motor vehicle sales are still 50% below levels of a year
and a half ago, according to StatsCan."
Source:
TruckNews.com
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