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January 28, 2015
LABOUR FORCE SURVEY - HISTORICAL REVISIONS

Statistics Canada today released updated Labour Force Survey data for Canada, Provinces, and subprovincial areas. This is in keeping with both annual revisions and with updating to reflect the most recent population estimates, geographic boundaries, methodogical enhancements to imputation, and updating seasonal adjustment. These revisions cover the period of 2001 to 2014. 

The revisions affect all seasonally adjusted data for Nova Scotia stretching back to January 2001. ...

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January 28, 2015
US MONETARY POLICY

The Federal Open Market Committee (FOMC) issued its latest monetary policy statement today.

The FOMC announced that it would maintain the target range for the federal funds rate at 0 to 1/4 percent and continue reinvesting principal payments from its holdings of mortgage-backed securities and rolling over maturing Treasury securities and thus holdings of longer-term securities will continue to be at sizable level. The current assessment is that Committee can be patient in beginnin...

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January 27, 2015
US S&P/CASE-SHILLER HOME PRICE INDICES, NOVEMBER 2014

Data through November 2014, released by the S&P Dow Jones Indices for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, showed that the Composite 10-City and Composite 20-City indicators both increased by 0.7 per cent on a month to month comparison (seasonally adjusted). Increases in US home prices slowed through the middle of 2014 and are on the general rise again.


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January 26, 2015
NATURAL GAS OFFSHORE PRODUCTION, DECEMBER 2014

Since peak production in 2001-2002, Sable production has been declining. However the Deep Panuke field was brought into production in August 2013. Since then, total natural gas production is on the increase. In late October 2014, the Deep Panuke platform was shut down for "regularly scheduled maintenance".  Production  resumed in November.  Media reports: CBC1.
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Statistics at a Glance(Mouse over items for details)
Building Permits +20.9%
Consumer Price Index +2.0%
CPI (Annual) +1.2%
Debt: GDP 34.8%
Deficit/Surplus: GDP D: 0.5%
Employment Growth -0.2%
Employment Level 446.3
Exports (Domestic) -4.1%
GDP (millions, 2012) 38397
GDP Growth (2012) -0.1%
Income (per capita) $33,934
Manufacturing Shipments 5.0%
Non-res. Investment -6.2%
Population July 1, 2013 940,789
Res. Investment -17.6%
Retail sales -0.0%
Unemployment Rate 8.6%
Wholesale Trade +0.5%

For More
Information

Thomas Storring
Director of Economics/Statistics
Tel: 902-424-2410
Email: thomas.storring@novascotia.ca