Department of Finance
 
Department of Finance
The New Brunswick Economy 2005
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2004 Statistical Summary

Overview

International Economy Accelerates Sharply

Monetary Policy Mixed

Canadian Economy

Canada Economic Indicators

GDP Growth Rebounds in 2004

GDP Growth to be Stronger in 2005

New Brunswick Economy

New Brunswick Economic Indicators

GDP Growth Similar in 2004

GDP Growth to Moderate in 2005

Population Little Changed

Population Aging

Employment Reaches Record Level

Service Sector Bounces Back

Unemployment Rate Falls Below 10%

Four of Five Regions Report Employment Growth

Inflation Curbed

Wages and Salaries Growth Slows

Manufacturing Shipments Jump

Paper Products Show Mixed Results

Wood Products Still Healthy

Export Growth Robust

Capital Investment Reaches Record High

Utilities Continue Transformation

Mining Production Increases

Technology and Communication Expands

Retail Trade Growth Increases

Transportation Sector Achieves New High

Food Services Receipts Continue to Improve

Farm Cash Receipts Increase

NOTE: The analysis contained in the document is based on data available as of March 10, 2005; historically comparable data series are used. Numbers may not add due to rounding.

Data will be updated on the Finance Web site at: http://www.gnb.ca/0024/index-e.asp


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