This quarter, we look at the impact of higher interest rates and inflation on Kingston’s economy.
With higher borrowing costs and inflation eating away at incomes, which sectors of the local economy will be hit hardest by weakening consumer demand? To what extent will the city’s concentration in the non-commercial services—education, health services, and public administration—help to cushion the economy from this year’s wider national and global economic slowdowns? We share our outlook for Kingston’s economy, including output, employment, and population growth.
Read the online experience to get our full analysis.
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