Saskatchewan reaches new high for manufacturing shipments
REGINA, Sask. — The province of Saskatchewan set a new record for monthly manufacturing shipments in December, with $1.194 billion in goods shipped.
That was a 4.9% increase year-over-year, and was the third best y-o-y gain of all the provinces.
“Our province’s manufacturers continue to expand their reach in the global marketplace and these new numbers are just further proof that their goods remain in high demand,” Economy Minister Bill Boyd said. “A robust manufacturing sector is an indicator of the great confidence that exists in the Saskatchewan economy.”
December shipments were up 2% compared to November, while the national average month-over-month was -3.1%.
“Manufacturing had a strong year in 2012 and we should expect momentum to carry into 2013,” said Boyd. “We are optimistic the province’s manufacturers will continue to set records as strength in this sector builds and demand for our quality Saskatchewan products remains high.”
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