QUARTERLY ECONOMIC DASHBOARD
Note: This dashboard includes data from Q1-2020, which was from January 1 – March 27, 2020. As such, the majority of the impact of the COVID-19 pandemic is not yet reflected in the data.
SREDA's Q1-2020 Economic Dashboard
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Economic DashboardReal GDP (2012 $) and Population Projections
CMA GDP: 2020 Forecast
$21.28B
▲
-4.8% change from Q1 2019
CMA Population: Q1 2020
334,533
▲
0.4% change from Q4 2019
SK Population: Q1 2020
1,181,666
▲
0.3% change from Q4 2019
Labour Market - Saskatoon CMA (Q1 2020)
Unemployment Rate
6.5%
▲
0.9PP change from Q4 2019
Employment Level
182,533
▲
1.5% change from Q4 2019
Labour Force
195,167
▲
3.5% change from Q4 2019
Participation Rate
69.9%
▲
0.8PP change from Q4 2019
Housing Market, YTD
CMA Housing Starts
307
▲
94.3%
Building Permits (YXE)
$126.87M
▲
10.1% change from Q1 2019
Existing Home Sales (YXE)
719
▲
7.3% change from Q1 2019
Average Home Price (YXE)
$331,314
▲
3.9% change from Q1 2019
Other Indicators, YXE YTD
New Business Licenses
287
▲
-15.6% change from Q1 2019
Passenger Traffic
326,338
▲
-17.9% change from Q1 2019
Inflation
1.41%
▲
0.003% change from Q1 2019
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