E-Library

Drought Contributes to Slow Recovery: Saskatchewan’s Two-Year Outlook The Conference Board of Canada, 14 pages, December 15, 2021 Issue Briefing

Drought Contributes to Slow Recovery: Saskatchewan’s Two-Year Outlook

The Conference Board of Canada, 14 pages, December 15, 2021
Issue Briefing

1 2 3 4 5	0 reviews

(You must be signed in and entitled to rate this report)

This quarterly economic forecast for the province of Saskatchewan examines the economic outlook for the province, including gross domestic product, output by industry, and labour market conditions. Document Highlights After decreasing by 5.2 per cent in 2020, Saskatchewan’s real GDP will expand by 3.8 per cent this year, with a larger growth of 4.3 per cent on the horizon in 2022. A major drought this year has decimated the province’s agricultural output, which we expect to fall by 8.8 per cent this year. Employment growth slowed over the summer, but a full recovery is in store for the middle of 2022. Table of Contents Key Findings Manitoba Snapshot Overview Employment Consumption and Income Investment and Construction Key Sector Outlook Methodology

This quarterly economic forecast for the province of Saskatchewan examines the economic outlook for the province, including gross domestic product, output by industry, and labour market conditions.

Document Highlights

After decreasing by 5.2 per cent in 2020, Saskatchewan’s real GDP will expand by 3.8 per cent this year, with a larger growth of 4.3 per cent on the horizon in 2022.
A major drought this year has decimated the province’s agricultural output, which we expect to fall by 8.8 per cent this year.
Employment growth slowed over the summer, but a full recovery is in store for the middle of 2022.

Key Findings
Manitoba Snapshot
Overview
Employment
Consumption and Income
Investment and Construction
Key Sector Outlook
Methodology

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.