Saskatchewan Has Highest Manufacturing Sales Growth in Canada
Highest Manufacturing Sales Growth in Canada
Released on February 15, 2017
Manufacturing sales in Saskatchewan rose 5.4 per cent (seasonally adjusted) between November 2016 and December 2016, the highest percentage increase among the provinces. Nationally, sales were up 2.3 per cent.
“This marks the second straight month of increases in manufacturing sales,” Economy Minister Jeremy Harrison said. “It is one of the most diverse sectors of the economy that exports products to clients all over the world.”
On a year-over-year basis, sales were up 11.9 per cent (seasonally adjusted) in Saskatchewan, the second highest among the provinces and well ahead of the 4.1 per cent posted nationally.
In December, manufacturing sales totalled $1.3 billion. Major gains on an annual basis were recorded year-over-year for machinery manufacturing (up 4.5 per cent), wood products (up 21.6 per cent), and food manufacturing (up 26.0 per cent) on a seasonally unadjusted basis.
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