PROVINCE SEES RECORD MANUFACTURING SHIPMENTS IN DECEMBER

Manufacturing shipments in Saskatchewan jumped 4.9 per cent in December 2012, totaling $1.194 billion and setting a new monthly record for the province. Saskatchewan placed third among the provinces in terms of year-over-year percentage change.

“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.”

On a monthly basis, manufacturing shipments increased 2 per cent over November 2012, putting Saskatchewan in first place among the provinces and well above the national average of -3.1 per cent.

“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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For more information, contact:

Linda Ungar
Economy
Regina
Phone: 306-787-8360
Email: linda.ungar@gov.sk.ca