Economics

The Economics Division provides comprehensive information and advice on the provincial economy, including research, analysis and monitoring of macroeconomic trends, industry development opportunities, economic performance, government policies and development initiatives. The Division is responsible for economic forecasting, economic impact analysis, demographic analysis, population projections, occupational projections and providing a range of economic inputs into the overall Budget preparation process. In addition to research reports on a broad range of topics and issues relevant to the provincial economy, Economics is also responsible for the publication of the budget document, The Economy and the midyear Economic Update.

Recently Updated Date Headline
Retail Sales Bulletin Mar 20, 2026 Retail Sales Down 7.1% in January 2026.
Population Bulletin Mar 18, 2026 Population stood at 548,557 as of January 1, 2026.
Consumer Price Index Bulletin Mar 17, 2026 Consumer Inflation Rate was 1.8% in February 2026.
Urban Housing Starts Bulletin Mar 17, 2026 Urban Housing Starts Up Six Units in February 2026.
New Motor Vehicle Sales Bulletin Mar 17, 2026 New Motor Vehicle Sales Down 16.8% in January 2026.
Labour Market Bulletin Mar 13, 2026 Employment Up 1.5% in February 2026.
Oil Production Bulletin Mar 6, 2026 Oil Production Up 17.9% in January 2026.
Publications Dec 16, 2025 2025 Economic Update
Publications Jul 9, 2025 Business Sector Productivity in Newfoundland and Labrador 1997-2024.
Population Projections Jun 3, 2025 Population Projections for Newfoundland and Labrador 2025 to 2044.
Publications May 21, 2025 Interjurisdictional Employees Newfoundland and Labrador 2002-2021
Publications Apr 9, 2025 The Economy 2025
Selected Economic Indicators Apr 9, 2025 Selected Economic Indicators Forecast 2015-2029f
Inflation Calculator Feb 19, 2025 Updated with Consumer Price Index Data for 2024.