Jeffrey Qián 錢 曄 // 778-238-2014 // info@jeffreyqian.com

BC Monthly Real GDP Estimate for November 2019

The BCREA Nowcast estimate of provincial economic growth (expressed as year-over-year growth in real GDP) for November is 1.1 per cent, down from 1.5 per cent annual growth in October. That is the lowest estimated growth since December 2009. Estimated real GDP growth is being dragged lower by continued weakness in consumer spending and exports. Through eleven months of the year, we are tracking 2019 annual real GDP growth at 2.0 per cent.
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