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September Factory Sales Preview-- Mon 8:30 EST

CANADA DATA
MNI (Ottawa)
  • MNI Median +1.5% MoM sales vs. prior -2%.
  • Gain seen mainly on auto and transportation sales, led by signs of rising exports
  • Production costs increase due to providing PPE products for workers
  • Last job report showed gains in manufacturing that suggest rising sales for Sept, which may be curbed in future by second wave of virus
  • August sales were 6.6% below pre-pandemic level
MNI Ottawa Bureau | +1 613-981-1671 | anahita.alinejad.ext@marketnews.com

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