A look at the numbers showing Quebec’s recent economic performance

NEW YORK — Here’s a look at some numbers on Quebec’s recent economic performance:

Economic growth, as measured by real gross domestic product in the second quarter of the year: 2.5 per cent. A research note by the National Bank says it was Quebec’s sixth straight quarter of real GDP growth that was two per cent or higher — the province’s longest such streak since 2007.

Unemployment rate: 6.1 per cent in August down from seven per cent a year earlier. The national rate was 6.2 per cent in August. In July, Quebec’s jobless rate fell to a record low of 5.8 per cent.

Job creation: 93,300 net new jobs created between August 2016 and August 2017, with nearly two-thirds of this increase in full-time work. Overall, the Quebec employment expanded 2.3 per cent over that period, compared with growth at the national level of 2.1 per cent.

Housing market: Residential real estate sales increased in 29 out of 30 months in the Montreal region, according to a September report by the Greater Montreal Real Estate Board. The city had 2,899 residential sales in August alone — an eight per cent increase compared to August 2016.

Andy Blatchford, The Canadian Press

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