Saskatchewan continues to lead the nation in economic recovery with July 2021 manufacturing sales increasing 56.8 per cent (seasonally adjusted) compared to July 2020, the highest increase among all provinces.
“These manufacturing numbers show Saskatchewan’s economy remains strong and is well positioned to continue leading the country in economic growth,” Trade and Export Development Minister Jeremy Harrison said. “We are focused on increasing export opportunities for Saskatchewan companies, attracting investment and providing a competitive business environment to support this growth into the future.”
The total value of Saskatchewan’s manufacturing sales for July 2021 was more than $1.78 billion.
Saskatchewan also saw 3.7 per cent growth in seasonally adjusted manufacturing sales between July 2021 and June 2021, the second highest increase among provinces.
Nationally, manufacturing sales fell 1.5 per cent in July 2021 compared to the previous month and were up 12.2 per cent in July 2021 compared to July 2020.