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July 29, 2014
US S&P/CASE-SHILLER HOME PRICE INDICES, MAY 2014

Data through May 2014, released today by 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 decreased 0.3% month to month (seasonally adjusted).



On a year-over-year basis the 10-City and 20-City Composites recorded 9.3% gains. 12-month price increases for the two composites have been slowing so far in 2014.

On a city by city basis, Las Vegas showed the highest year-over-year increase (+16.9%), followed by San Francisco (+15.4%) and Miami (+13.2%). While continuing to show positive year over year gains, Cleveland showed the smallest price increase over May 2013 at 2.4 percent.



Source: S&P Down Jones Indices



July 29, 2014
JAPAN LABOUR FORCE SURVEY - JUNE

According to the latest release from the Japanese labour force survey, the number of employed persons in June 2014 was 63.89 million, an increase of 560 thousand or 0.9 per cent from the previous year. The number of unemployed persons in June 2014 was 2.45 million, a decrease of 150,000 or 5.8 per cent from the previous year. The (seasonally adjusted) unemployment rate was 3.7 per cent.
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July 28, 2014
COMMUNITY PROFILE FOR JULY: TOWN OF NEW GLASGOW

According to CBC news (Convergys closing New Glasgow call centre), the Convergys call centre in New Glasgow will be closed on September 28, 2014. The closure will affect 300 employees, who will be able to apply work-from-home positions and positions at other locations. However, there is no guarantee of a job offer. The following Community Profile provides a glimpse at how the Town of New Glasgow looked in 2011.
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July 25, 2014
RESEARCH AND DEVELOPMENT IN HIGHER EDUCATION, 2012/13

Statistics Canada has released results of research and development expenditures in higher education for 2012/13. Compared with 2011/12, Nova Scotia's research and development spending in the higher education sector was up 1.5 per cent and stands as the second highest per capita amount in the country ($395) after Newfoundland and Labrador ($477).
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July 25, 2014
UK GDP, 2014Q2

The UK economy matched its Q1 GDP growth of 0.8 per cent according to preliminary data released today by the UK Office for National Statistics. This would yield an annualized pace of growth of 3.2 per cent. In the second quarter of 2014, the services sector was the main engine of growth, rising by 1.0 per cent compared with 2014Q1. The smaller production sector also contributed to growth with a 0.4 per cent gain. Growth in these larger sectors was more than sufficient to offset declines of 0.5 per cent in construction and 0.2 per cent in agriculture.
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Recent PublicationsLabour Market Monthly
Consumer Price Index
Nova Scotia Economic Indicators - August 2013
Current Economic Environment
Indicators of Prosperity - 2012

Statistics at a Glance(Mouse over items for details)
Building Permits -23.7%
Consumer Price Index +1.8%
CPI (Annual) +1.2%
Debt: GDP 34.8%
Deficit/Surplus: GDP D: 0.5%
Employment Growth 0.0%
Employment Level 447.0
Exports (Domestic) -13.7%
GDP (millions, 2012) 38397
GDP Growth (2012) -0.1%
Income (per capita) $33,934
Manufacturing Shipments 5.3%
Non-res. Investment -6.2%
Population July 1, 2013 940,789
Res. Investment -17.6%
Retail sales -0.3%
Unemployment Rate 8.7%
Wholesale Trade +4.8%

Orange ClockFor More Information

Thomas Storring
Director of Economics/Statistics
Tel: 902-424-2410
Email: storrith@gov.ns.ca