This quarter, we look at the impact of higher interest rates and inflation on the St. John’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 increased provincial oil production boost activity in the city’s services businesses and help to cushion the St. John’s economy from this year’s wider national and global economic slowdowns? We share our outlook for the St. John’s economy, including output, employment, and population growth.
Read the online experience to get our full analysis.
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