This publication focuses on the Victoria metropolitan economy.
Metropolitan Outlook 1: Victoria—Spring 2017
Metropolitan Outlook 1: Victoria—Spring 2017
Urban City Economic Analysis
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- Victoria’s real GDP is expected to expand 2.1 per cent in each of 2017 and 2018.
- After a nine-year high of 3.3 per cent in 2016, employment growth will slow to 1.8 per cent in 2017 and 0.9 per cent in 2018.
- In line with strong job growth, the unemployment rate is forecast to fall from 5.2 per cent this year to 4.9 per cent in 2018.
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