Saskatchewan manufacturing increase more the 5-times the national average
Manufacturing Sales Jump in September
Released on November 16, 2016
Saskatchewan’s manufacturing sales took a leap in September from a year ago, increasing by 8.2 per cent, the highest rate among the provinces and more than five times the national average. On a month-over-month basis, manufacturing sales were up 1.0 per cent, the third best among the provinces. Manufacturing sales in September were $1.24 billion.
“Manufacturing is one of the mainstays of the Saskatchewan economy and the impressive year-over-year growth is good news,” Economy Minister Jeremy Harrison said. “Our provincial manufacturers are innovative, competitive-minded and are meeting the needs of global markets with made-in-Saskatchewan solutions.”
On a year-over-year, seasonally-unadjusted basis, sectors that saw significant growth included food manufacturing, which increased by 34.3 per cent, machinery manufacturing which was up by 16.8 per cent and wood products which increased by 31 per cent.
About 26,200 people work in Saskatchewan’s manufacturing sector, which posted total sales of $14.1 billion in 2015.
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