P.E.I. manufacturing faring relatively well in pandemic, for now - News Summed Up

P.E.I. manufacturing faring relatively well in pandemic, for now


Manufacturing sales numbers for April were released by Statistics Canada this week, and they show P.E.I. is performing well relative to the rest of the country in the COVID-19 pandemic — but there are signs of trouble ahead. Seasonally adjusted, from February to April, P.E.I sales were down 17 per cent, as compared to 36 per cent nationally. "There were gains in french fries, gains in potato exports, lobsters, medicaments, which is medicine, while aerospace exports are down," said Bergman. As with french fries, demand is lower with restaurants closed.


Source: CBC News June 17, 2020 15:11 UTC



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