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: Nova Scotia—Autumn 2017
Provincial Outlook Economic Forecast: Nova Scotia—Autumn 2017
Provincial Economic Analysis
$675.00
- Moderate growth is expected over the forecast period. The province’s economy is projected to grow by just 1.0 per cent in 2018 and 1.1 per cent in 2019.
- Population gains from immigration will help the labour force grow over the next two years.
- As the population ages, demand for health care services is increasing rapidly. The health care and social assistance sector will be the fastest growing sector of the province’s economy over the medium term.
- Business investment is expected to decline as large projects come to an end.
- The manufacturing sector will continue posting strong gains, fuelled in part by shipbuilding contracts.
Customers Who Downloaded This Also Liked
Require an accessible version of this research?
Upon request, Signal49 Research offers accessible versions of research. Please contact us to request your accessible version.
Learn more about our accessibility policies.
