Released on March 17, 2015
New statistics released today show that Saskatchewan’s manufacturing sales were up 4.8 per cent in January 2015 when compared with December 2014, the highest percentage increase among the provinces. Nationally, manufacturing sales dropped by 1.7 per cent over that period (seasonally adjusted).“Saskatchewan’s economy continues to gain strength,” Economy Minister Bill Boyd said. “Manufacturing has been a key component of economic diversification, ensuring that strength continues despite the cyclical nature of commodities. The measures to enhance productivity our manufacturers have undertaken over the past several years have positioned Saskatchewan as a national leader in the sector.”
Manufacturing sales totalled $1.4 billion in January 2015, up from $1.3 billion in December of last year.
“Eight provinces saw declines in manufacturing sales in the December to January period,” Boyd said. “Saskatchewan and Quebec were the only provinces to see a rise, which reinforces our optimism that we are on the right track.”
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For more information, contact:
Deb Young
Economy
Regina
Phone: 306-787-4765
Email: deb.young@gov.sk.ca