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 2013
Provincial Outlook Economic Forecast for Newfoundland and Labrador: Autumn 2013
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- The oil industry has boosted the province’s economy in 2013, but will constrain growth over the medium term.
- A string of budget deficits is forcing the province to rein in public sector spending.
- The construction industry will slow down in 2014.
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