Saskatoon Economic Recovery Tracker
Evaluating the progress of the Saskatoon Region economy
73.9%
559
1,157
4,672
Economic Forecast
Saskatoon CMA Economic Forecast
Real GDP % Change Quarterly
2020 Q4
2.61%
2021 Q1
1.17%
2021 Q2
1.19%
2021 Q3
1.14%
Expected Rebound
Mid-Q3 2020
Expected Recovery
Early 2022
95.8%
Recovery
GDP
$457.46M
* Last Updated September 10
81.5%
Recovery
Employment
3,800
* Last Updated September 10
80.0%
Recovery
Unemployment
* Last Updated September 10
41.2%
Recovery
Participation Rate
2
* Last Updated September 10
100.0%
Recovery
Retail Sales
$791.14M
* Last Updated September 10
100.0%
Recovery
Mfg. Shipments
$103.88M
* Last Updated September 10
65.1%
Recovery
Building Construction Investment
$9.12M
* Last Updated September 10
38.3%
Recovery
Airport Passenger Traffic
78,379
* Last Updated September 10
58.3%
Recovery
Hotel Occupancy Rate
22
* Last Updated September 10
100.0%
Recovery
Active Businesses
131
* Last Updated September 10
Methodology
The data used in this Tracker is sourced from Statistics Canada, Conference Board of Canada, the International Monetary Fund and industry associations. Each indicator has its own recovery percentage, which is then weighted to achieve a total recovery percentage for the economy.
Note that all data are inclusive of all businesses within their respective sectors. For example, retail sales encompasses all independent retailers, big box retailers and online sales.