Saskatchewan Records Strong Manufacturing Sales Growth
Manufacturing sales in Saskatchewan increased by 22.7 per cent in February 2017, compared to the previous year (seasonally adjusted). This was the second highest percentage increase among the provinces—significantly higher than the national average of 6.8 per cent.
“Once again, Saskatchewan has experienced strong growth in manufacturing sales, leading the west and well above Canada’s average,” Economy Minister Jeremy Harrison said. “These numbers point to a manufacturing sector that is strong and resilient, offering a diversity of high quality products to markets across Canada and the world.”
On a monthly basis, Saskatchewan’s manufacturing sales were up by 0.4 per cent, compared to January 2017 (seasonally adjusted). The province ranked second in percentage growth in western Canada and third among all provinces.
Areas with major gains on an annual basis (seasonally adjusted) were chemical manufacturing, food manufacturing and wood manufacturing, with increases of 21.7 per cent, 19.1 per cent, and 16.9 per cent respectively.