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

18,110

18,611(f)

1.9%

Population

000's

Annual

416

420(f)

0.8%

Labour force

000's

January

240.9

243.6

1.1%

Unemployment rate

%

January

6.6

6.8

+2 pts

Participation rate

%

January

69.8

69.7

-1 pts

Average weekly earnings

$

January

808

831 2.8%

Canadian price index

Index (2002)

January

124.1

126.0 +19 pts

Housing starts

-

January

471

47

-90.0%

Housing sales

-

January

277

199

-28.2%

Value of building permits

$000's

Q4 (2012/13)

230,356

88,384 -61.6%

Non-residential construction

$000's (2007)

Q4 (2012/13)

107,167

111,499 4.0%

Retail Sales

$millions

Annual

6,799

7,021(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 Halifax Index and Halifax Index Workbook!

The 2013 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. The workbook contains thousands of data points on Halifax's people, economy, quality of place and the sustainability of the region.  

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2013 Halifax Index (pdf)

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     2013 Halifax Index Workbook 


 For data requests or other information about Halifax, contact:

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