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Daily Stats
For additional information relating to Daily Stats or any of our products, please contact:

Thomas StorringDirector, Economics and Statistics
Tel: 902-424-2410Email: Thomas.Storring@novascotia.ca

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July 31, 2015
GDP BY INDUSTRY MAY 2015

Canada's real GDP was down 0.2 per cent in May, the fifth consecutive monthly decline. Goods production fell for the fifth month in a row with a decline of 0.6 per cent while service-producing industries declined 0.1 per cent after three months of positive growth. Compared to May 2014, real GDP was up 0.5 per cent and on a year-to-date (Jan-May 2015 vs. Jan-May 2014), GDP is 1.5 per cent larger.

Nova Scotia ranked the 8th among provinces in the average annual net employment growth during this period. Alberta (+3.1%) lead the provinces in the average annual net empl...

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July 30, 2015
EMPLOYMENT, EARNINGS AND HOURS, MAY 2015

Nova Scotians' average weekly earnings (including overtime, seasonally adjusted) decreased $9.77 per week (-1.2%) from April to $828.54 in May 2015.  This is 0.7 per cent above the level in May of last year. Canadians' average weekly wages decreased 0.6 per cent from April to $948.15 in May 2015, a 1.4 percent increase over May 2014.


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July 30, 2015
US GDP 2015 Q2 (ADVANCE ESTIMATE)

The advance estimate of US GDP for Q2 2015 has the US economy growing at a  pace of 2.3 per cent (all figures seasonally adjusted at annual rates). Growth accelerated from a revised 0.6 per cent in the first quarter. Increases in personal consumption expenditures, exports, state and local government spending and residential fixed investment offset declines in federal government spending, inventories, and nonresidential fixed investment. Imports, a subtraction from GDP, increased in the s...

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July 29, 2015
US MONETARY POLICY, JULY 2015

The Federal Open Market Committee (FOMC) announced that it would maintain the target range for the federal funds rate at 0 to 1/4 percent. The FOMC stated that it will be appropriate to raise the target range for the federal funds rate when it has seen further improvement in the labour market and is reasonably confident that inflation will move back to 2 percent objective over the medium term.  Information since June, indicates that economy is expanding moderately - household spending ha...

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