December 2015 Forecast of Prime Economic Indicators

2015 Prime Economic Indicators - Based on Full Year Data

Real GDP

Forecast Value (*)

Residental Unit Sales

Growth Rate
 -5.86%  4.32%
       
Employment Growth Rate Housing Starts  Growth Rate
 -1.05%  -11.80%
       
Hours Worked  Growth Rate Housing Price  Growth Rate
 -0.88%  -2.76%
       
Hourly Wage  Growth Rate CPI  Growth Rate
 -1.33%  0.30%
     
     All Numbers in this table represent annual growth rates for the year 2015.
Retail Sales  Growth Rate
 -0.44%

 

Note:

Oil Price Average (Brent USD)
52.37
Oil Production Average (bbls)
5228119.2

 

*Real GDP is a forecasted value calculated using the Denton method with employment and hours worked data. The other values represent actual annual growth rates obtained from Cansim, the CREA, and the EIA.