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How are low oil prices affecting Alberta’s manufacturing industry?

Description

Revenues in Alberta’s manufacturing industry were on a downward trend in 2015. Most of this decline can be traced back to those manufacturing sectors that are closely tied to the oil and gas sector. Sharply lower sales in manufacturing’s largest sector, refined petroleum products, are especially impacting overall manufacturing revenues, but sectors that provide oil and gas field machinery and equipment have also been hurt.

Updated

January 18, 2016

Tags
manufacturing industry oil prices

Title and publication information

Type
Fact Sheet
Series Title

Economic commentary

Extent

6 pages

Frequency

Once

Publisher / Creator Information

Publisher

Economic Development and Trade

Place of Publication

Edmonton

Subject Information

Resource Dates

Date Created

2016-01-18

Date Added

2016-01-28T20:08:38.385633

Date Modified

2016-01-18

Date Issued

2016-01-18

Audience information

Identifiers

Usage / Licence

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