Tourism Winnipeg

Economic Development Winnipeg 2017 Annual Report

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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

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