Saskatoon Economic Recovery Tracker
Evaluating the progress of the Saskatoon Region economy
85.6%
685
3,785
12,652
Economic Forecast
Saskatoon CMA Economic Forecast
Real GDP % Change Quarterly
2021 Q2
0.32%
2021 Q3
1.43%
2021 Q4
1.14%
2022 Q1
1.36%
Expected Rebound
Mid-Q3 2020
Expected Recovery
Early 2022
95.8%
Recovery
GDP
$358M
* Last Updated January 5
100.0%
Recovery
Employment
3,600
* Last Updated January 7
100.0%
Recovery
Unemployment
* Last Updated January 7
100.0%
Recovery
Participation Rate
0.600
* Last Updated January 7
100.0%
Recovery
Retail Sales
$416M
* Last Updated January 5
100.0%
Recovery
Mfg. Shipments
$126.27M
* Last Updated January 5
70.8%
Recovery
Building Construction Investment
$37.67M
* Last Updated January 5
47.0%
Recovery
Airport Passenger Traffic
74,226
* Last Updated January 5
78.5%
Recovery
Hotel Occupancy Rate
9.90
* Last Updated January 5
100.0%
Recovery
Active Businesses
173
* Last Updated January 5
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.