Provincial Forecasts

Retail sales plummet in March

Today’s Statistics Canada release showed that retail sales fell 10.0 per cent in March, marking their largest monthly decline on record. Clothing stores were the hardest hit.

May 22, 2020 | Quick Take

Manufacturing sales fall sharply due to COVID-19

Manufacturing sales declined 9.2 per cent in March, marking their largest monthly decline in over a decade. The results indicate that the pandemic has weighed heavily on manufacturers, as 17 of 21 industries reported reductions in manufacturing sales.

Quick take—May 14, 2020

Retail sales have been particularly affected by shutdowns, travel restrictions, and physical distancing requirements. Unlike other parts of the economy, retail workers have limited opportunities to work from home.