LBM Pushing Wholesale Sales

An advance November estimate of sales for the wholesale trade sector shows an increase of 2.7 per cent, reflecting higher sales in the building materials and supplies subsector, says Statistics Canada. This estimate was calculated based on a weighted response rate of 48.6 per cent. The average final response rate for the survey over the past 12 months has been 85.5 per cent. The building materials and supplies subsector is estimated to rise 6.3 per cent, while machinery, equipment, and supplies is expected to rise 2.3 per cent, and personal and household goods to rise 2.7 per cent.