• Skip to main content
  • Skip to primary sidebar
  • Skip to footer

My Newsroom - powered by Martin Charlton Communications

Saskatchewan's Trusted News Source - powered by Martin Charlton Communications

  • Facebook
  • LinkedIn
  • Twitter
  • Home
  • Construction
  • Agriculture
  • Economy
  • Healthcare
  • Engineering
  • Sports
  • Business Blogs
  • About
pexels-photo-2977515

My Newsroom / September 25, 2019

June was a Breakout Month

Maybe it was a celebration of the rains that finally arrived in June and reversed the prevailing weather pattern.

July, it turns out, was something of a breakout month for this province’s food and beverage sector. After a sour start to the summer in June, sales in hospitality outlets such as bars or restaurants took a big leap forward in July. Owners of these enterprises saw revenues grow by 2.3 percent over June’s performance.

That turned out to be the biggest one month advance in the entire country and it was even close. The whole country posted a negative figure and the next best provincial showing was 70-percent lower.

Now, this sounds quite upbeat but the breakdown does not necessarily mean we bought more restaurant meals or had an extra pint or two because a big part of the higher figures resulted from price increases, not bigger volumes. Nonetheless, it is a sign that consumers were still quite willing to engage in this kind of discretionary spending, even if prices are going up.

Source: https://www150.statcan.gc.ca/n1/daily-quotidien/190924/t001c-eng.htm

Share this:

  • Facebook
  • LinkedIn
  • Twitter

Filed Under: Economy Tagged With: drink, food, hospitality

My Newsroom

The latest news in your inbox

Receive email updates from MyNewsroom and Martin Charlton Communications, including daily Paul Martin Commentaries.

Sign up

Primary Sidebar

The latest news in your inbox

Receive email updates from MyNewsroom and Martin Charlton Communications, including daily Paul Martin Commentaries.

Sign up

Featured

pexels-photo-4040717[1]

Regina Council: Be Careful What You Wish For

January 22, 2021 By MyNewsroom

pexels-photo-5717479[1]

2020 is over and here are Martin Charlton Communication’s predictions for 2021

January 21, 2021 By MyNewsroom

Community is Currency

January 21, 2021 By MyNewsroom

Footer

wetellyourstories.ca & mynewsroom.ca powered by
Martin Charlton Communications – Tel: 306 584 1000

Add your stories to mynewsroom

Connect with us

  • Facebook
  • LinkedIn
  • Twitter

© 2021 · mynewsroom.ca