GDP Growth Rate Is a Good News Story About the N.B. Economy

By November 9, 2017News

Statistics Canada recently released its latest GDP and related figures for 2016 and New Brunswick has performed surprisingly well.

Business capital spending is still very weak but household expenditures are up and overall GDP is up modestly over 2015. If you combine the GDP growth rates over the past two years, the provincial economy grew by 3.5 percent – above average among the 10 provinces.

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Author Pam Beyea

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