Population Gain and Economic Pain: New Brunswick’s Five-Year Outlook

Sunrise at the waterfront in Bathurst, New Brunswick

Population Gain and Economic Pain: New Brunswick’s Five-Year Outlook

Provincial
Pages:13 pages15 min read

Author: The Conference Board of Canada

$705.00

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

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This quarter, we look at how population growth continues to surge even as New Brunswick’s economy pumps the brakes.

How much will recent sizzling job growth scale back as slower overall demand takes hold? With several major non-residential construction projects in the province nearing completion, to what extent will demand for housing support activity in the construction industry? We share our forecast for New Brunswick’s economy over the next three years, including GDP, jobs, forestry, and construction.

Read the issue briefing to get our full analysis.

Key findings
New Brunswick snapshot
Overview
Employment
Consumer spending
Forestry
Construction and investment
Housing
Government
Methodology

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