Wholesalers posted sharply lower sales in April, as declines in a number of major sectors erased all of the strong gains made over the previous two months.
  ;
Overall sales fell by 3.1% in April to an estimated $42.8  ; billion. April’s drop was the largest since August  ; 2003  ; and followed increases of 2.3% and 0.9% in March and February respectively.
  ;
Five of the seven wholesale sectors registered declines in April. Leading the way was the automotive products sector (-8.3%), followed by other products” (-5.9%) and machinery and electronic equipment (-2.3%). Sales of building materials and farm products also posted decreases in April.
  ;
The only positive note came in the food, beverage and tobacco products sector (+0.8%), while sales …
Canadian Wholesale Revenues Fall 3.1% in April
Wholesalers posted sharply lower sales in April, as declines in a number of major sectors erased all of the strong gains made over the previous two months.
  ;
Overall sales fell by 3.1% in April to an estimated $42.8  ; billion. April’s drop was the largest since August  ; 2003  ; and followed increases of 2.3% and 0.9% in March and February respectively.
  ;
Five of the seven wholesale sectors registered declines in April. Leading the way was the automotive products sector (-8.3%), followed by other products” (-5.9%) and machinery and electronic equipment (-2.3%). Sales of building materials and farm products also posted decreases in April.
  ;
The only positive note came in the food, beverage and tobacco products sector (+0.8%), while sales …
Share this article
- Filed In: Economic Trends, Free, News, Research & Analytics, Subscriber Only
Log In
Read the latest articles and see your reports.
Popular Now
MDM Directories
Sign Up for the MDM Update Newsletter
The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.
