PEI

P.E.I. aims to post 3rd strong year in manufacturing

P.E.I. manufacturers just keep selling more and more, and non-durable goods are setting the pace in 2018.

Non-durable goods, such as food processing, make up about 70% of sales

Durable goods manufacturers, such as the P.E.I. Bag Company, are leading growth in 2018. (Randy McAndrew/CBC)

P.E.I. manufacturers just keep selling more and more, and non-durable goods are setting the pace in 2018, according to the latest numbers from Statistics Canada.

Island manufacturers led the country in sales growth in 2016, and then jumped another eight per cent in 2017, reaching almost $1.8 billion.

About 70 per cent of Island manufacturing is in non-durable goods, such as food processing. In 2017, sales growth was relatively evenly split between durable and non-durable goods.

To the end of September 2018 durable goods are pushing growth, up 13.7 per cent.

Non-durable goods are up 2.5 per cent. Overall growth through the first three quarters of the year is 5.7 per cent.

More P.E.I. news

Comments

To encourage thoughtful and respectful conversations, first and last names will appear with each submission to CBC/Radio-Canada's online communities (except in children and youth-oriented communities). Pseudonyms will no longer be permitted.

By submitting a comment, you accept that CBC has the right to reproduce and publish that comment in whole or in part, in any manner CBC chooses. Please note that CBC does not endorse the opinions expressed in comments. Comments on this story are moderated according to our Submission Guidelines. Comments are welcome while open. We reserve the right to close comments at any time.