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Old Posted Feb 25, 2013, 12:42 PM
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jeddy1989 jeddy1989 is offline
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Join Date: Dec 2009
Location: St. John's, NL
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Here's a bit of an update on the change in GDP from 2010-2011 (I know it's a couple of years back) it's the latest I could find and interesting all the same


Atlantic provinces
Quote:
In Newfoundland and Labrador, GDP increased 2.8% in 2011 after leading all provinces in 2010 with a 5.8% increase. Growth was largely attributable to a significant increase in output of metal ore mining as well as in non-residential and engineering construction related to mining and oil projects. Manufacturing of seafood products increased in tandem with fishing, hunting and trapping and contributed to gains in wholesale trade. Output of services rose 2.4%, with significant increases in finance, insurance and real estate and in architectural, engineering and related services.

In Prince Edward Island, GDP advanced 1.1% in 2011 following a 2.7% increase in 2010. The main contributors to the increase were manufacturers of frozen food products, non-residential construction, utilities, retail trade and finance, insurance and real estate services. Goods production fell 0.8% on lower fishing activity and a smaller potato crop as a result of poor weather. Reduced output of transportation equipment manufacturing and miscellaneous manufactured products also contributed to this decline.

In Nova Scotia, GDP rose 0.3% in 2011 after increasing 1.6% in 2010. Output of goods-producing industries fell 4.0%. Gains in fishing and manufacturing of food and of rubber and plastic products were offset by declines in output of oil and gas extraction, construction and transportation equipment. Services advanced 1.4% as output rose in finance, insurance and real estate and in health care and social services.

In New Brunswick, GDP edged up 0.1% in 2011 following a 3.0% increase in 2010. Services output increased 1.2% led by finance, insurance and real estate. Output dropped in construction, manufacturing, forestry and logging, and utilities. Crop production fell 16% as unfavourable weather resulted in a smaller potato harvest. Output of wholesale trade and transportation services declined along with lower goods production
http://www.statcan.gc.ca/daily-quoti...20427a-eng.htm
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