Provincial Outlook Economic Forecast: New Brunswick—Summer 2018

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Provincial Outlook Economic Forecast: New Brunswick—Summer 2018

Provincial Economic Analysis
Pages:71 pages118 min read

Author: Signal49 Research

$690.00

This quarterly economic forecast for the province of New Brunswick examines the economic outlook for the province, including gross domestic product (GDP), output by industry and labour market conditions.

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Document Highlights:

New Brunswick’s economic growth is expected to slow this year.

Despite high levels of immigration, the growing number of retirements and negative interprovincial migration will limit labour force growth.

NB Power projects will help to offset pessimism in business investment.

The Comprehensive Economic and Trade Agreement with the European Union will help exports grow over the next two years.

Service-producing industries are expected to contribute the most to New Brunswick’s economic gains.

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