BCREA Nowcast

Oct 01, 2019

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Brendon Ogmundson

BC Monthly Real GDP Estimate for July 2019 (Updated: October 1, 2019)


The BCREA Nowcast estimate of provincial economic growth (expressed as year-over-year growth in real GDP) for July is 2.1 per cent, equaling estimated annual growth in June. That is the slowest estimated growth since May 2015.


Download the full report (PDF)

Growth of provincial GDP is a key indicator of economic activity, but provincial GDP data is only available annually and with a considerable delay. That is why we have developed the BCREA Nowcast - a tool for tracking monthly growth in the BC Economy. The Nowcast compiles monthly economic data into one easy to understand number, expressed as the year-over-year growth in the BC economy. There are no adjustments to the model estimate except for those due to revisions to the underlying data.

For more information, please contact:
Brendon Ogmundson
Chief Economist
Direct: 604.742.2796
Mobile: 604.505.6793
Email: [email protected]

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