This quarterly 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.
Document Highlights
- Maintenance work on offshore oil installations will be a drag on economic performance in 2012.
- Growth in mining and construction will benefit wages and salaries and boost job creation.
- Lower offshore royalties will contribute to a budget deficit in 2012-13.


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