View the Archive..March 10, 2014NOVA SCOTIA - INTERNATIONAL MERCHANDISE TRADE JANUARY 2014
In January 2014, international merchandise trade domestic exports (province of origin) decreased 18.1% from December 2013 to $326.5 million, and increased 10.6% over January 2013.
In January 2013, Nova Scotia ranked number fourth behind PEI, Newfoundland, and Alberta in year-over-year growth in domestic exports.
International, Interprovincial and Intraprovincial Trade
Monthly merchandise trade data provides users with an early view of activity in the international trade sector. However, users should be aware markets for commodities shift between international, interprovincial and intraprovincial sectors.
A case in point is the production and disposition of Nova Scotia Natural Gas (HS 271121).
In the early years of the centry, Nova Scotia was the only Maritime province exporting Natural Gas. Thus all natural gas exports appear in the accounts as an export of Nova Scotia. Today, natural gas is used within the province, exported to New Brunswick for use in their domestic economy, and exported to international clients.
Statistics Canada NOTES
Publication: Canada's Balance of International Payments (Catalogue number 67-001-X)
These data are available in the Canadian international merchandise trade database.
March 10, 2014CMHC PRELIMINARY HOUSING STARTS FEBRUARY 2014
In Nova Scotia, the seasonally adjusted annual rate of housing starts in all areas was 1,918 in February 2014, a decrease from the previous month's level of 2,508 but an increase from the February 2013 estimate of 1,485.
In Canada, the seasonally adjusted annual rate of housing starts was 192,094 in February 2014, up from the level of 180,481 in January and up from the level of 179,662 last February.
March 10, 2014JAPAN GDP 2013 Q4 AND ANNUAL
Japan's Cabinet Office has released its second preliminary estimates of fourth quarter GDP growth. In the fourth quarter, Japan's real GDP slowed to a seasonally adjusted annualized rate of 0.7 percent.
Cabinet Office, Japan
March 07, 2014LABOUR FORCE SURVEY FEBRUARY 2014
In Nova Scotia February 2014 (seasonally-adjusted, month-over-month and year-over-year):
Labour force increased 1.0% (+4,900) over January 2014 to 494,800 and decreased 1.2% (-6,000) over February 2013.
Employment increased 0.6% (+2,900) over January 2014 to 450,700 and decreased 0.8% (-3,500) over February 2013.
Unemployment increased 4.5% (+1,900) over January 2014 to 44,100 and decreased 5.4% (-2,500) over February 2013.
March 07, 2014
LABOUR MARKET TRENDS FEBRUARY 2014
After five months of consecutive declines, employment (seasonally adjusted) in Nova Scotia had a net gain of 2,900 jobs in February.
The increase in employment was from full-time employment with an increase of 4,600 jobs. Part- time employment was down by 1,700 jobs. This net gain in full-time employment over part-time loses highlights the return to the pattern of shifting work hours that has occurred between the two types of employment over the last year.