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Residential Construction Forecast

The Conference Board of Canada’s Economic Trends Division is recognized worldwide for its expertise in economic forecasting, modelling and analysis. We have produced accurate economic forecasts for more than 25 years.

Key Indicators for Residential Construction

Real GDP: Real gross domestic product (GDP) is a standard measure of industry output and is equal to the total value that an industry creates. As such, it is a measure of the industry’s contribution to economic growth. It is stated in millions of 2002 dollars and is reported by Statistics Canada.

Employment: Employment is the total number of full-time and part-time employees in a given industry. As part of its Labour Force Survey, Statistics Canada reports employment data monthly, in thousands.

Price Index: This indicator is a composite measure of the output prices for all of an industry’s products. The data for this series come from the Industrial Product Price Index produced by Statistics Canada. All price indexes are standardized in the form of an index where 2002 = 100.

Revenue: Revenues are the total receipts that an industry accumulates. They are a product of pricing and of production (which is equivalent to sales in 2002 dollars). The data are reported by Statistics Canada as part of its Quarterly Financial Statistics for Enterprises and are stated in millions of dollars.

Costs: Costs are the sum of labour, material, and capital costs for each industry, where capital costs include both interest expense and depreciation expense. The data are reported by Statistics Canada as part of its Quarterly Financial Statistics for Enterprises and are stated in millions of dollars.

Profit: Profits are equal to revenues less costs and are stated before taxes or extraordinary items. The data are reported by Statistics Canada as part of its Quarterly Financial Statistics for Enterprises and are stated in millions of dollars.

Profit Margin: The profit margin is the ratio of profits to revenues.

What Data Do We Forecast?

Key Economic Indicators - Residential Construction
Gross Domestic Product, Total Millions $ 2002
Industry Price Index, Total 2002 = 100
Investment, Total Millions $
Employment, Total '000s
Revenues, Total Millions $
Costs, Total Millions $
Profits Before Taxes, Total Millions $
Profit Margin, Total %
 
Gross Domestic Product and Employment - Residential Construction
Gross Domestic Product, Total Millions $ 2002
Employment, Total '000s
Average Weekly Earnings, Total $
 
Expenditures on Residential Construction
Total Residential Building, Total Millions $ 2002
Real Expenditures on Single Detached Millions $ 2002
Real Expenditures on Semi-Detached Millions $ 2002
Real Expenditures on Apartment and Row Houses Millions $ 2002
Real Expenditures on Other Residential Construction Millions $ 2002
Expenditures on Total Millions $
Expenditures on Single Detached Millions $
Expenditures on Semi-Detached Millions $
Expenditures on Apartment and Row Houses Millions $
Expenditures on Other Residential Construction Millions $
 
Housing Starts and Completions - Residential Construction
Housing Starts, Total '000s
Housing Starts, Single Detached '000s
Housing Starts, Semi-Detached '000s
Housing Starts, Apartment and Row Houses '000s
Housing Completions, Total '000s
Housing Completions, Single Detached '000s
Housing Completions, Semi-Detached '000s
Housing Completions, Apartment and Row Houses '000s
 
Investment and Capital Stock - Residential Construction
Real Capital Stock, Total Millions $ 2002
Real Capital Stock - Machinery & Equipment, Total Millions $ 2002
Real Capital Stock - Buildings, Total Millions $ 2002
Capital Stock, Total Millions $
Capital Stock - Machinery & Equipment, Total Millions $
Capital Stock - Buildings, Total Millions $
Investment, Total Millions $
Investment - Machinery & Equipment, Total Millions $
Investment - Buildings, Total Millions $
 
Prices and Price Indices - Residential Construction
Industry Price Index, Total 2002 = 100
Material Price Deflator, Total 2002 = 100
Capital Stock Deflator, Total 2002 = 100
 
Financials - Residential Construction
Revenues,  Total Millions $
Costs,  Total Millions $
Labour Costs, Total Millions $
Material Costs, Total Millions $
Capital Costs, Total Millions $
Interest Charges, Total Millions $
Profits Before Taxes, Total Millions $
Profit Margin, Total %

Forecasts and research often involve numerous assumptions and data sources, and are subject to inherent risks and uncertainties. This information is not intended as specific investment, accounting, legal, or tax advice.

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Industrial Forecast Model

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