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: Winter 2016
Provincial Outlook Economic Forecast for Newfoundland and Labrador: Winter 2016
Provincial Economic Analysis
$645.00
- The province is being hit hard by lower commodity prices, weaker production, and less investment.
- The domestic economy is feeling the collapse of crude oil prices, as hiring and wage gains have weakened.
- Manufacturing is benefitting from nickel processing.
