Staying the Course: New Brunswick’s Five-Year Outlook—September 2024

Staying the Course: New Brunswick’s Five-Year Outlook—September 2024

Provincial
11 min read

Author: Meghan Eibner

$705.00

In this quarterly report, we examine the economic outlook for New Brunswick. We analyze demographics and labour markets, households and spending, investment, government surplus and strain, and trade and industry.

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In this quarterly report, we examine the economic outlook for New Brunswick.

Population growth is set to slow after its recent boom. What is causing this, and how will labour markets and the unemployment rate be affected? What does this mean for construction activity on both housing and non-residential projects, and what industries could spark further investment in the medium term? With interest rates beginning to ease, how will consumer spending bounce back? We share our forecast for New Brunswick’s economy, including GDP and business and government investment.

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