MANUFACTURING SHIPMENTS AND NEW VEHICLE SALES UP

Saskatchewan manufacturing sales and new vehicle sales were both up according to reports released by Statistics Canada today.

"Both of these indicators are a good sign that our economy continues to move forward, well ahead of most other provinces," Enterprise Minister Jeremy Harrison said. "The manufacturing sector is an increasingly important part of our provincial economy and we expect that growth to continue."

Manufacturing sales increased by 24.0 per cent in September 2011 when compared with September 2010, and more than double the 10.8 per cent recorded on a national basis (seasonally adjusted). Saskatchewan had the highest percentage increase in the nation over this period.

New motor vehicle sales were up 0.9 per cent in September when compared with last year, and well ahead of the 0.4 per cent decline experienced nationally.

"Consumer confidence is vital to economic growth," Harrison said. "With lower taxes and the many jobs available across the province, Saskatchewan people are feeling confident in their future."

-30-

For more information, contact:

Deb Young
Enterprise Saskatchewan
Regina
Phone: 306-798-0503
Email: deb.young@enterprisesask.ca