11 May 2007

Conference Board predicts big '07 for NL

But the year after?
Newfoundland and Labrador is forecast to post growth of 6.4 per cent this year, leading all provinces, the report said. This year's growth is fuelled primarily by increased mineral output, which is expected to fall off in 2008. As a result, real gross domestic product is forecast to grow by just 0.9 per cent next year, the report added.
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