Publications

How are Alberta’s largest manufacturing sectors faring in the current recession?

Description

Alberta’s manufacturing sector is currently in recession as a result of the dramatic drop in crude oil prices. Lower oil prices have translated into much lower selling prices of refinery products and are causing oil and gas companies to drastically lower their capital spending which translates into reduced demand for machinery and equipment produced by Alberta’s manufacturing and fabricated metals sectors.

Tags
Machinery sectors Manufacturing Industries crude oil prices manufacturing sectors

Title and publication information

Type
Fact Sheet
Series Title

Economic commentary

Extent

7 pages

Frequency

Once

Publisher / Creator Information

Publisher

Economic Development and Trade

Place of Publication

Edmonton

Resource Dates

Date Created

2016-08-29

Date Added

2016-09-09T20:25:18.929046

Date Modified

2016-08-29

Date Issued

2016-08-29

Audience information

Identifiers

NEOS catalogue key

7558639

Usage / Licence

Contact

Contact Name

Alberta Economic Development and Trade