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Gross domestic product by industry, September 2015

Released: 2015-12-01

Real GDP by industry

September 2015

-0.5% 

(monthly change)

Following three consecutive monthly increases, real gross domestic product fell 0.5% in September, primarily as a result of the declines in mining, quarrying, and oil and gas extraction and, to a much lesser extent, manufacturing.

The output of goods-producing industries fell 1.5% in September because of a contraction in mining, quarrying, and oil and gas extraction as well as manufacturing. Utilities and the agriculture and forestry sector increased, while construction was unchanged.

The output of service-producing industries edged down 0.1% in September. Declines were notable in wholesale trade, the finance and insurance sector, the arts, entertainment and recreation sector as well as transportation and warehousing services. In contrast, retail trade grew while the public sector (education, health and public administration combined) edged up.

Chart 1  Chart 1 : Real gross domestic product declines in September
Real gross domestic product declines in September

Mining, quarrying, and oil and gas extraction contracts

Mining, quarrying, and oil and gas extraction contracted 5.1% in September, primarily as a result of a significant decline in oil and gas extraction.

Oil and gas extraction fell 5.5% in September, mainly as a result of a large decrease in non-conventional oil extraction. Some of the major establishments involved in the non-conventional oil extraction industry experienced production difficulties and maintenance shutdowns in September. Conventional oil extraction and natural gas production also declined.

Support activities for mining and oil and gas extraction fell 13% in September, because of a drop in both drilling and rigging services. The output of the support activities for mining and oil and gas extraction industry has decreased for five consecutive quarters, down 49% from September 2014 levels. The declines of the past year have coincided with the sharp drop in oil prices.

Mining and quarrying (excluding oil and gas extraction) decreased 1.3% in September, primarily as a result of declines in potash and coal mining. Metal ore mining increased in September.

Chart 2  Chart 2 : Mining, quarrying, and oil and gas extraction contracts in September
Mining, quarrying, and oil and gas extraction contracts in September

Manufacturing output decreases

Manufacturing output decreased 0.6% in September, after three consecutive monthly gains.

Durable-goods manufacturing decreased 0.8% in September, mainly as a result of declines in the manufacturing of transportation equipment, fabricated metal products and, to a lesser extent, wood products.

Non-durable goods manufacturing fell 0.4% in September. Decreases were notable in chemical, food as well as petroleum and coal products manufacturing. In contrast, an increase was posted in beverage and tobacco manufacturing.

Wholesale trade contracts while retail trade expands

Wholesale trade contracted 0.3% in September, mainly because of a decline in building materials and supplies and motor vehicles and parts. The wholesaling of food, beverage and tobacco posted notable growth.

Retail trade expanded 0.3% in September. Notable gains were recorded at gasoline stations and at general merchandise stores. Sporting goods, hobby, book and music stores as well as motor vehicle and parts dealers posted declines.

The finance and insurance sector falls again

The finance and insurance sector fell 0.3% in September, after decreasing 0.5% in August. Declines in financial investment services as well as insurance services outweighed gains in banking services.

The arts, entertainment and recreation sector declines

The arts, entertainment and recreation sector declined 2.0% in September, primarily as a result of the decline in spectator sports and related industries. Spectator sports and related industries returned to more normal levels following increased activity in June and July as a result of the FIFA Women's Soccer World Cup and Pan-American games hosted by Canada.

Construction is unchanged

Construction was unchanged in September. Declines in engineering, non-residential building and repair construction offset increases in residential building construction.

The output of real estate agents and brokers decreased 1.7% in September, after increasing in August.

Other industries

Transportation and warehousing services declined 0.3% in September, mainly as a result of decreases in truck transportation services as well as support activities for transportation,

Utilities grew 0.3% in September because of an increase in natural gas distribution. Electricity generation, transmission and distribution declined.

The public sector (education, health and public administration combined) edged up 0.1% in September. Health care and social services grew and public administration edged up. On the other hand, educational services were down.

Chart 3  Chart 3 : Main industrial sectors' contribution to the percent change in gross domestic product in September
Main industrial sectors' contribution to the percent change in gross domestic product in September



  Note to readers

The monthly gross domestic product (GDP) by industry data at basic prices are chained volume estimates with 2007 as the reference year. This means that the data for each industry and each aggregate are obtained from a chained volume index multiplied by the industry's value added in 2007. The monthly data are benchmarked to annually chained Fisher volume indexes of GDP obtained from the constant-price supply and use tables up to the latest supply and use tables year (2012).

For the period starting with January 2013, the data are derived by chaining a fixed-weight Laspeyres volume index to the prior period. The fixed weights are 2012 industry prices.

This approach makes the monthly GDP by industry data more comparable with the expenditure-based GDP data, chained quarterly.

All data in this release are seasonally adjusted. For information on seasonal adjustment, see Seasonally adjusted data – Frequently asked questions.

Today, Statistics Canada is releasing a video on gross domestic product. For more information, see "What is Gross Domestic Product (GDP)?"

Revisions

This release reflects revised estimates of monthly GDP by industry in accordance with the 2015 comprehensive revision of the Canadian System of Macroeconomic Accounts. Additional information is available in the article "A preview of the 2015 comprehensive revision of the Canadian System of Macroeconomic Accounts."

With this release of monthly GDP by industry, the data incorporate new 2012 supply and use annual benchmarks, revised source data, improved methodologies and revised seasonal adjustment factors. The monthly series have been revised back to January 1997 with this release.

Each month, newly available administrative and survey data across various industries in the economy are integrated and result in statistical revisions. Updated and revised administrative data (including taxation statistics), new information provided by respondents to industry surveys, and standard changes to seasonal adjustment calculations are incorporated with each release.

For more information about monthly national GDP by industry, see the System of macroeconomic accounts module on our website.

Real-time CANSIM tables

Real-time CANSIM table 379-8031 will be updated on December 11. For more information, consult Real-time CANSIM tables.

Next release

Data on GDP by industry for October will be released on December 23.

Contact information

For more information, contact us (toll-free 1-800-263-1136; 514-283-8300; STATCAN.infostats-infostats.STATCAN@canada.ca).

To enquire about the concepts, methods or data quality of this release, contact Allan Tomas (613-790-6570), Industry Accounts Division.

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