Provincial Outlook Economic Forecast: Manitoba—Autumn 2019

The Conference Board of Canada, 23 pages, January 10, 2020
Report
(You must be signed in and entitled to rate this report)
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.

Document Highlights

  • 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.

COVID-19: Get all the insights

Access document

(you will be asked to sign-in)

To see if you are entitled to get this research for free, take a minute and create a free e-Library account. This will let us determine if someone else at your organization has already purchased access to this material.

Browse by...
Need Help?