Released on May 15, 2014
Manufacturers in Saskatchewan continue to impress, once again setting a new shipment record - this time for the month of March.Manufacturing shipments in the province reached $1.3 billion in March, an 8.6 per cent increase over March 2013. The substantial increase in shipments earned Saskatchewan second place among all provinces for year-over-year growth.
Among the sectors reported, the largest year-over-year increases were seen in fabricated metal products, up 9.9 per cent; machinery, up 6.5 per cent; and chemical products, up 4.3 per cent.
“The continued growth and record-setting trend that our manufacturing sector has seen demonstrates how diverse our economy truly is,” Economy Minister Bill Boyd said. “This is a sector that is contributing billions of dollars annually to our economy, and it is a reflection of the growth and prosperity felt by many sectors across the province.”
Continued monthly growth in manufacturing will put Saskatchewan on pace to break last year’s manufacturing shipment record of $15.7 billion.
“Saskatchewan manufacturers are producing quality products that are in demand all over the world,” Boyd said. “Congratulations to all the men and women working in manufacturing on another very successful month.”
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For more information, contact:
Shanna Schulhauser
Economy
Regina
Phone: 306-787-5582
Email: shanna.schulhauser@gov.sk.ca