Manufacturing Sales M/M

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july, 2020

15jul12:30 pm12:30 pmManufacturing Sales M/MIMPACT: USDCAD & CAD CROSSES12:30 pm - 12:30 pm UTC Event Type :Medium ImpactTill the Data is Released!

Event Details

What is this event?

It’s a leading indicator of economic health – manufacturers are quickly affected by market conditions, and changes in their sales can be an early signal of future activity such as spending, hiring, and investment.

Measures

Change in the total value of sales made by manufacturers.

Effect on Currency

‘Actual’ greater than ‘Forecast’ is good for currency.

Frequency of event

Released monthly, about 45 days after the month ends.

Source of Data

Statistics Canada (latest release).

Time

(Wednesday) 12:30 pm - 12:30 pm

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