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Maritimo M50

2020 Canadian Boating Statistical Abstract: Economic Factoids Market report now available

by National Marine Manufacturers Association 12 Nov 2021 12:01 PST
2020 Canadian Economic Factoids © National Marine Manufacturers Association

The 2020 Canadian Economic Factoids report is now available as a part of the 2020 Canadian Boating Statistical Abstract. This report looks at Canadian economic indicators from 2007-2020 and identifies trends impacting the retail markets.

Gross domestic product (GDP), disposable income, Industry capacity utilization, manufacturing capacity utilization and unemployment rate are a few of the economic indicators discussed in the 2020 Canadian Economic Factoids report.

Key insights from the report include:

  • Real GDP shrank 5.3% in 2020.
  • Disposable income was up 10.3% in 2020.

To read more please go to the original article.

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