This quarter, we look at the impact of higher interest rates and inflation on Oshawa’s economy.
With higher borrowing costs and inflation eating away at incomes, which sectors of the local economy will be hit hardest by weakening consumer demand? To what extent will renewed strength in the local manufacturing and hospitality sectors cushion the city’s economy from this year’s wider national and global economic slowdowns? We share our outlook for Oshawa’s economy, including output, employment, and population growth.
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