This quarterly economic forecast for the province of Nova Scotia examines the economic outlook for the province, including gross domestic product (GDP), output by industry and labour market conditions.
Provincial Outlook Economic Forecast for Nova Scotia: Autumn 2012
Provincial Outlook Economic Forecast for Nova Scotia: Autumn 2012
Provincial Economic Analysis
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- Natural gas production will provide a big boost to real GDP over the next two years.
- Construction output will continue its downward spiral as residential investment eases.
- The job market should perform well next year, but the jobless rate will remain above its pre-recession level.
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