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: Summer 2013
Provincial Outlook Economic Forecast for Newfoundland and Labrador: Summer 2013
Provincial Economic Analysis
$625.00
- Investment will reach an all-time high in 2013 and then fall in 2014.
- Housing starts peaked last year and will see double-digit declines in 2013 and 2014.
- A recovery in oil production will lead to overall growth of 5.4 per cent, the strongest in the country.
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