Provincial Outlook Economic Forecast for Manitoba: Spring 2012

This quarterly economic forecast for the province of Manitoba examines the economic outlook for the province, including gross domestic product (GDP), output by industry and labour market conditions.

Document Highlights

• Housing starts will remain elevated, averaging almost 7,000 units over the next two years.
• Agricultural output will rebound from last year’s floods, growing more than 10 per cent.
• Unemployment will average 5.3 per cent this year and just 5.1 per cent in 2013.