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.
Provincial Outlook Economic Forecast: Manitoba—Autumn 2019
Provincial Outlook Economic Forecast: Manitoba—Autumn 2019
$705.00
- Real GDP growth will ease to 0.9 per cent in 2019 and 0.7 per cent in 2020. However, a pickup is expected in 2021, with growth reaching 1.5 per cent.
- Weighing on economic growth, business investment has been hit hard in 2019 and will be again in 2020, as major projects have either wrapped up or are set to wrap up construction.
- The outlook for consumer spending is muted this year despite better wage gains.
- Rising global trade turmoil will weigh on growth in both agriculture and manufacturing sectors this year.
Effective January 26, 2026, AERIC Inc./Signal49 Research discontinued use of ‘The Conference Board of Canada’ name, logo and branding, which had been used by AERIC Inc./Signal49 Research under license from The Conference Board, Inc. The Conference Board, Inc. and its licensees, which are not affiliated with Signal49 Research, own all right, title and interest in THE CONFERENCE BOARD name and trademarks in Canada and have the exclusive right to their use in Canada since January 26, 2026.
