Moncton’s economy is forecast to expand by 3.2 per cent in 2022, followed by a 1.8 per cent gain in 2023.
Strong job growth will continue this year, particularly in the services sector.
As in most other regions in the country, the consumer price index will remain hot this year in Moncton.
Severely affected by the pandemic, sectors such as accommodation and food services, as well as arts, entertainment, and recreation, will see strong recoveries this year, as public health restrictions have eased and travel has picked up.
Several high-profile projects are supporting the construction sector in Moncton, including a new Atlantic Science Enterprise Centre and expansions at George Dumont Hospital.
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