Department of Finance
 
Department of Finance
The New Brunswick Economy 2004
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2003 Statistical Summary

Overview

International Economy Shows Renewed Strength

Monetary Policy Subdued

Canadian Economy

Canada Economic Indicators

GDP Growth Slowed in 2003

GDP Growth Stronger in 2004

New Brunswick Economy

New Brunswick Economic Indicators

GDP Growth Slower in 2003

GDP Growth to Improve in 2004

Inflation to be Lower in 2004

Small Rise in Population

Pre-seniors Group has Strongest Growth

Employment Shows Little Change

Goods Producing Sector Employment Rebounds

Unemployment Rate Edges Up

Employment Gains in Three Regions

Wages and Salaries Growth Stronger

Foreign Exports Increase in Value

Manufacturing Shipments Positive Overall

Farm Cash Receipts Decline

Wood Products Still Strong

Paper Products Struggling

Capital Investment Remains Strong

Electric Power Generation Increases

Mining Production Rebounds

Technology and Communication Continues Growth

Retail Trade Flat

Transportation has Mixed Results

Food Services Receipts Improving

Based on data available as of March 16, 2004.
Data will be updated on the Finance Web site at http://www.gnb.ca/0024/index-e.asp.