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

May

241.3

240.4

-0.3%

Unemployment rate

%

May

6.5

5.8

-7 pts

Participation rate

%

May

69.6

68.6

-10 pts

Average weekly earnings

$

May

835

847 +1.4%

Canadian price index

Index (2002)

May

125.1

128.2 +31 pts

Housing starts

-

May

339

117

-65.5%

Housing sales

-

May

646

541

-16.3%

Value of building permits

$000's

Q1

194,159

114,965 -40.8%

Non-residential construction

$000's (2007)

Q1

110,589

100,279 -9.3%

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 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.