Provincial Outlook Long-Term Economic Forecast for Newfoundland and Labrador: 2013

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Provincial Outlook Long-Term Economic Forecast for Newfoundland and Labrador: 2013

Provincial Economic Analysis

Author: Signal49 Research

$595.00

  • Large natural resource project will boost investment over the medium term, while tight budgets will hold back growth in the public sector.
  • An aging population will mean that employment and the labour force will be in decline after the current decade.
  • Real GDP growth will average 1.9 per cent between 2012 and 2017, but only 0.5 percent between 2017 and 2035.
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This annual 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.

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