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FALL_Economic Snapshot - Web CoverQuarterly Economic Snapshot - Fall 2018

The Halifax Partnership measures growth in Halifax by tracking key economic indicators that detail trends affecting Halifax's business climate. View and download the fall 2018 Economic Snapshot.

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Halifax Index - Blog Photo (For Social)Halifax Index 2018

The Halifax Index features a numerical snapshot of the past year, including the Economic Growth Plan 2016-21 checklist. The Index has a new look and depth as well. View and download the Halifax Index 2018.

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AGM_Graphic_Oct 20182017-18 Annual Report

We are now in Year 3 of Halifax's five-year Economic Growth Plan. It is critical that we maintain the momentum of the previous two years and focus on What's Next

Want to see how we are advancing economic development in Halifax? View and download our 2017-18 Annual Report.

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Economic Snapshot

Halifax’s predicted GDP growth rate is forecasted to outpace the provincial figure, but will track slightly below the national figure, averaging 1.6% between 2018 and 2022.

12-03-18_Growth Rate GDP

Source: Conference Board of Canada Metropolitan Outlook

 

Average weekly earnings in Q3 2018 grew by 1.3% since the last quarter, increasing from $898 to $910. Inflation increased by o.4% in Q3, resulting in a 0.9% increase in purchasing power.

12-03-18_Inflation

Source: Statistics Canada Table 18-10-0004-01, CMHC Housing Now Tables

 

GDP
Growth

Halifax's GDP grew by 1.7% in 2017, below both the national figures and most of the benchmark cities. 

The Business Confidence Index for Halifax reached an all-time high in 2018, marking the fourth straight year of gains.

 

Halifax Index 2018

Featured Business

Stewart McKelvey

Stewart McKelvey

This month, we talked to Lydia Bugden, CEO & Managing Partner at Stewart McKelvey, one of the largest law firms in Canada.  

Read the full story...  

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