Released on January 20, 2015
Saskatchewan’s manufacturing sales in November 2014 bucked the national trend according to a report released by Statistics Canada today.On a year-over-year basis, sales were up 6.2 per cent in the province, while nationally sales were up 2.6 per cent.
Saskatchewan had the highest percentage increase among the provinces. On a month-over-month comparison, sales were up 2.2 per cent in Saskatchewan. Nationally, sales dropped by 1.4 per cent.
“We have a thriving manufacturing sector in Saskatchewan which has helped offset some of the challenges faced in other areas of the economy,” Economy Minister Bill Boyd said. “It is that diversity that helps to balance our economy compared to other resource-based provinces.”
Manufacturing sales totalled $1.4 billion in November, setting a new record for the month.“As the figures come in for 2014, it is very likely manufacturing is set to have a record year for sales,” Boyd said. “The fact is, the Saskatchewan economy performed well last year in the areas where it counts – jobs, population and growth in our key sectors.”
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For more information, contact:
Deb Young
Economy
Regina
Phone: 306-787-6315
Email: deb.young@gov.sk.ca