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: Summer 2014
Provincial Outlook Economic Forecast for Newfoundland and Labrador: Summer 2014
Provincial Economic Analysis
$635.00
- Lower levels of investment will hold economic growth in the province to below 1 per cent.
- Lower nickel and iron ore production is expected in 2014, but oil production is expected to be up.
- Due to budget constraints, real public program spending is forecast to be held to under 2 per cent for the next five years.
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