9
2017
Annual
Report
Winnipeg
Outlook
Winnipeg's Central
Metropolitan Area (CMA)
saw strong growth in 2017
Growth has been steady for
Winnipeg CMA's diverse economy,
recording eight consecutive years of
expansion. The Winnipeg CMA's real
GDP ranking in 2017 was tied for fifth
out of 15 major Canadian CMAs.
Indicators
(Winnipeg CMA)
2017
(difference from 2016)
2016
(difference from 2015)
Real GDP ($ billions) $39 billion (+3.7%) $37.6 billion (+3.2%)
Population (City of Winnipeg) 749,500 (+1.9%) 735,400 (+2.2%)
Employment 430,700 (+1.4%) 424,800 (+0.2%)
Unemployment Rate 5.9% (-0.6% point change) 6.5% (+0.5% point change)
Household Income Per Capita $44,845 (+1.9%) 43,997 (+0.6%)
Retail Sales ($ millions) $12.2 million (+3.5%) $11.8 million (+4.2%)
Consumer Price Index 1.5% (+0.2% point change) 1.3% (0.0% point change)
Hotel Revenue per
Available Room*
$89 (+9.2%) $82 (+3.5%)
Hotel Average Daily Rate $126 (+1.5%) $124 (-0.7%)
*RevPar average rental income per occupied room in a given time period indicates the hotel's performance (supply available vs. demand)
Courtesy
Bold
Commerce