This quarterly economic forecast for the province of Newfoundland and Labrador examines the economic outlook for the province, including gross domestic product (GDP), output by industry and labour market conditions.
Provincial Outlook Economic Forecast for Newfoundland and Labrador: Spring 2016
Provincial Outlook Economic Forecast for Newfoundland and Labrador: Spring 2016
Provincial Economic Analysis
$660.00
- Lower investment and austere fiscal measures will dampen economic growth over the medium term.
- Households will struggle with shrinking job prospects.
- Offshore oil production will be increasing in the next few years.
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