Economic-Data-1

Halifax - Latest Economic Data

The Greater Halifax Partnership measures growth in Halifax by tracking key economic indicators that detail trends affecting Halifax's business climate.

Indicator

Units

Period

2013

2014

Change

Real Gross Domestic Product (GDP)

$millions (2007)

Annual

18,536

19,039(f)

+2.7%

Population

000's

Annual

409

410(f)

+0.4%

Labour force

000's

August

243.9

239.6

-1.8%

Unemployment rate

%

August

6.1

5.8

-3 pts

Participation rate

%

August

70.1

68.3

-18 pts

Average weekly earnings

$

August

846

871 +3.0%

Canadian price index

Index (2002)

August

125.2

127.7 +25 pts

Housing starts

-

August

102

234

+129.4%

Housing sales

-

August

482

418

-13.3%

Value of building permits

$000's

Q2

208,327

217,751 +4.5%

Non-residential construction

$000's (2007)

Q2

112,855

89,440 -20.7%

Retail Sales

$millions

Annual

6,837

7,062(f)

+3.3%

Sources: Conference Board of Canada, Statistics Canada, Canadian Mortgage and Housing Corporation

Notes: Labour Force statistics are seasonally adjusted and the 3-month moving averages for the period. Investment is also seasonally adjusted. f = forecast.

For more detailed economic information, click on the links to the left, view the latest Economic Snapshot or download the Halifax Index below. 

  

Download the 2014 Halifax Index

The 2014 Halifax Index tracks our progress towards many different indicators and our special analyses tackle two of our most pressing issues – the sustainability of our workforce and our innovation culture.

2014 Index Cover - aGREATERhalifax







The Halifax Index 2014 (PDF)

2014 Workbook (Excel)

 
 

 

 

 

 

 


 For data requests or other information about Halifax, contact:

greaterhalifax.com or call 1 (800)565-1191.