This quarterly economic forecast for the province of Newfoundland and Labrador examines the economic outlook for the province, including gross domestic product (GDP), output by industry and labour market conditions.
Provincial Outlook Economic Forecast for Newfoundland and Labrador: Autumn 2012
Provincial Outlook Economic Forecast for Newfoundland and Labrador: Autumn 2012
Provincial Economic Analysis
$595.00
- Public sector restraint will hold back growth.
- A rebound in oil production will boost growth in 2013, but dwindling oil reserves will be a drag on the economy over 2014–17.
- Commodity price volatility will remain a risk for offshore royalties and development in the Labrador Trough.
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