TrendLine Saskatchewan

 

TrendLine Saskatchewan - December 2019

The consumer remains reluctant despite a healthy labour market...

Stephen Johnson

MA
Chief Economist

Despite a surging labour market, with robust advances in the number of employed and drops in the unemployment rate, the consumer remains on the sidelines with year-to-date retail sales and new motor vehicle sales dropping.

Construction activity remains in decline with both building permits and housing starts dropping. However, commercial building permits are in recovery and single detached housing starts are showing some signs of life.

Meanwhile, wholesale trade and restaurant receipts are advancing while international exports and manufacturing sales are down. 

Composite Indicator Actual & Seasonally Adjusted

Key Indicator This Month

Retail trade

0.7%

Year-to-Date

Retail trade

0.7%

Year-to-Date

Back to Top

Back to Top

Back to Top

Back to Top

Back to Top

Back to Top

Back to Top

Back to Top

Back to Top

Available Downloads


This Issue's Economist:

Stephen Johnson

MA
Chief Economist

This Issue's Editor:


TrendLine Saskatchewan is published monthly by Praxis Consulting.