Released on August 21, 2012
Saskatchewan's wholesale numbers for June posted a monthly record according to a report released by Statistics Canada today. Wholesale trade totalled $1.96 billion in June, the highest ever recorded for that month.
"When an economy is making steady gains, wholesale trade typically rises to meet the needs of business and consumers," Economy Minister Bill Boyd said. "This is a very solid improvement over last year, and really shows how strong our economy is as we reach the mid-way point of 2012."
On an annual basis, wholesale trade was up 7.1 per cent over last June, the second highest percentage increase among provinces and better than the 6.3 per cent rise nationally.
"Saskatchewan's Global Transportation Hub continues to expand, and is contributing to growth in the province's wholesale sector," Boyd said. "This will likely continue as more businesses move into the hub and as the busy Saskatchewan economy creates more demand for products."
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For more information, contact:
Deb Young
Economy
Regina
Phone: 306-787-6315
Email: deb.young@enterprisesask.ca