Released on March 16, 2012
Saskatchewan manufacturing sales increased more than three times the national average a new report from Statistics Canada shows. The report shows Saskatchewan manufacturers' sales for January 2012 were up by 17.9 per cent over what was recorded in January 2011, while the national average came in at 5.0 per cent (seasonally adjusted).
"Saskatchewan's diverse manufacturing sector is providing products to consumers around the globe, creating jobs and opportunity here at home," Enterprise Minister Jeremy Harrison said. "Saskatchewan exports have seen steady increases and the manufacturing sector has been a big part of that growth."
Saskatchewan had the second highest percentage increase among the provinces. Sales totalled $1.1 billion in January 2012. Several industries had significant increases including fabricated metals that had sales of $80.7 million in January 2012, up from $45.8 million in January 2011. Food manufacturing sales totalled $244.2 million, up from $222.5 million. Machinery sales rose to $100.8 million from $82.2 million last year (seasonally unadjusted).
"The Saskatchewan Advantage continues to press forward as we reach out to investors and skilled workers around the globe to seize the opportunities available in our province," Harrison said. "Our quality of life and strong economy are helping us to build a foundation that will ensure these successes continue into the future."
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For more information, contact:
Deb Young
Enterprise Saskatchewan
Regina
Phone: 306-787-6315
Email: deb.young@enterprisesask.ca