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.