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Vancouver : Retail Snapshot - Q2 2013

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Vancouver : Retail Snapshot - Q2 2013

Despite being off to a slow start in the first quarter of 2013, B.C.’s economy improved slightly by the end of the second quarter; not at a record-breaking pace but at a recovery rate. GDP growth will not reach the 1.8% level of growth that was experienced in 2012. Unexpected weak capital spending in recent months steered the province off course from the anticipated 2.3% growth that was forecasted, but should return to normal levels in 2014 with GDP growth expected to reach a high of 2.7%.

Source : Cushman & Wakefield

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