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Saskatchewan manufacturing sales up 8.6 per cent in March, 9.8 per cent in Q1

Published by CME Staff on May 15, 2014

Saskatchewan manufacturing sales were up 8.6 per cent year-over-year in the month of March, rounding out an impressive first quarter of 9.8 per cent growth, compared to the first three months of 2013.

Non-durable goods, which account for two-thirds of all manufacturing production, drove the majority of the sector's Q1 gains — jumping 13.4 per cent year-over-year. Durable goods, meanwhile, showed much more modest growth at just over three per cent.

It is worth noting that two of the industries recording declines in 2013 — machinery (-4.2 per cent) and fabricated metal (-13 per cent) — each regained some traction in Q1, inching up 4.9 per cent and 2.9 per cent, respectively.

For more information, please contact CME's Derek Lothian at (306) 713-3765 or e-mail derek.lothian@cme-mec.ca.

 

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