Saskatchewan leads in new vehicle sales
Saskatchewan led the country in new motor vehicle sales in May while the rest of the country saw sales decline, says a Statistics Canada report released Monday.
On a seasonally adjusted basis, Saskatchewan was the only province to see an increase to May from April, while nine provinces posted sales decreases. Nationally, new vehicle sales declined by 6.1 per cent.
Year-over-year, Saskatchewan's new motor vehicle sales were up 11.8 per cent over May 2010, the highest percentage increase among the provinces (seasonally unadjusted), compared to a 3.2 per cent decline nationally.
"It's one of the few parts of the Saskatchewan economy that's doing well - consumer spending, generally, and new vehicle sales in particular," said Doug Elliott, publisher of Sask Trends Monitor, a monthly statistical newsletter. The province has seen slow job and population growth in recent months.
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