SASKATOON – The provincial government says Saskatchewan’s year-over-year manufacturing sales are leading the nation, according to a Statistics Canada survey.
Growth in Saskatchewan’s manufacturing sector led the nation in July with sales jumping 6.3 per cent over the previous year’s month.
Prince Edward Island was second in the country with a 3.9 per cent increase. On a year-over-year basis, sales dropped 0.1 per cent nationally.
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“Not only did we have the highest increase in the nation, but July’s numbers set another record for the month,” said Economy Minister Bill Boyd.
Saskatchewan sales totalled $1.3 billion in July.
July 2012 manufacturing sales figures released by StatsCan showed Saskatchewan had an increase of 15.4 per cent when compared to July of 2011.
“Manufacturing is a driving force behind the success of our provincial economy, and to see this fairly significant rise over last year is good news for business and good news for overall economic progress,” said Boyd.
Monthly gains were also made in July over the previous month with Saskatchewan posting a 3.4 per cent rise, the second highest among the provinces.
Canada saw a 1.7 per cent month-over-month increase to $49.5 billion, according to preliminary numbers.
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