Department of Finance
 
Department of Finance
The New Brunswick Economy 2002
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2001 Statistical summary

Overview

International economy weakens

Canadian economy slower

Monetary policy active in 2001

New Brunswick economy
New Brunswick economic indicators
GDP growth slows in 2001
GDP growth similar in 2002
Exports growth strong
Inflation down
Retail trade growth slows
Wages and salaries continue to increase

Labour force
Employment steady
Service sector employment higher
Unemployment rate at 11.2%
Employment gains concentrated in two regions

Population
Population growth increases
Population continues to age

Construction
Capital investment third highest ever

Manufacturing
Manufacturing shipments influenced by petroleum prices

Forestry
Wood products remain sluggish
Paper and allied products decline

Mining
Mining production steady

Utilities and service industries
Utilities stronger
Technology and communication strengthen
Transportation sector still strong
Food services growth slows

Agriculture, fisheries and aquaculture
Primary food production strong

Statistical tables

Based on data available as of March 1, 2002.
Data will be updated on the Finance web site at http://www.gnb.ca/0024/index-e.asp.