Canadian Wood Product Sales Decline in May

Seasonally adjusted Canadian wood product sales in May were $2.8 billion (CAD), down 0.7% from April and 35.4% lower than the comparable month last year. Sales of furniture and related products totaled $1.3 billion, increasing 3.7% from April and dropping 1% over May 2022. Canadian manufacturing sales for all industries were $72.9 billion, rising 1.2% from April but dipping 0.2% from May 2022. See Statistics Canada

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