Monthly indicators, Québec and Canada

    Key seasonally adjusted economic indicators. Annualized levels.

    Québec


    Monthly indicators 2023 2024 2023 2024
         
        Year to date October November December January February

    Real GDP at basic prices (2017 $M) 428,670   429,835 428,737 422,511    
    Real international merchandise exports (2017 $M) 90,498 87,365 95,645 96,350 92,434 87,365  
    Real international merchandise imports (2017 $M) 99,249 94,392 97,918 98,639 99,867 94,392  
    Housing starts (n) 38,912 43,045 41,792 29,615 43,011 45,514 40,576
    Residential building permits (current $M) 13,792 13,466 16,024 13,540 10,959 13,466  
    Non-residential building permits (current $M) 11,367 13,013 10,762 11,875 8,912 13,013  
    Sales of manufactured goods (current $M) 213,089 207,533 212,957 214,301 216,637 207,533  
    Wholesale sales (current $M) 208,359 209,316 220,098 214,448 211,361 209,316  
    Retail sales (current $M) 177,644 177,712 180,438 179,128 179,479 177,712  
    Average weekly earnings, including overtime (current $) 1,155.32 1,178.30 1,175.30 1,184.69 1,166.86 1,178.30  
    Labour force (K) 4,718.1 4,746.0 4,756.5 4,767.3 4,755.9 4,735.5 4,756.5
    Employment (K) 4,506.4 4,528.8 4,520.3 4,519.6 4,531.9 4,524.4 4,533.2
         Full-time (K) 3,672.2 3,686.9 3,654.4 3,659.9 3,667.6 3,685.1 3,688.7
         Part-time (K) 834.3 841.9 866.0 859.7 864.3 839.3 844.5
    Unemployment rate (%) 4.5 4.6 5.0 5.2 4.7 4.5 4.7
    Participation rate (%) 65.0 64.6 65.1 65.2 64.9 64.5 64.7
    Employment rate (%) 62.1 61.6 61.9 61.8 61.9 61.6 61.6
    Consumer price index, non-seasonally adjusted (2002=100) 153.6 155.2 155.4 155.5 155.0 154.8 155.5
    U.S. exchange rate in cents, non-seasonally adjusted 74.09 74.28 72.90 72.94 74.45 74.49 74.07

    Canada


    Monthly indicators 2023 2024 2023 2024
         
        Year to date October November December January February

    Real GDP at basic prices (2017 $M) 2,202,113 2,217,503 2,202,078 2,207,275 2,204,337 2,217,503  
    Real international merchandise exports (2017 $M) 571,602 557,036 571,941 570,857 569,093 557,036  
    Real international merchandise imports (2017 $M) 608,092 582,449 598,498 606,702 613,300 582,449  
    Housing starts (n) 240,267 238,322 271,955 210,715 248,392 223,176 253,468
    Residential building permits (current $M) 81,098 78,367 85,958 82,550 69,598 78,367  
    Non-residential building permits (current $M) 51,332 50,939 49,826 46,209 44,354 50,939  
    Sales of manufactured goods (current $M) 862,721 853,504 849,038 861,247 851,589 853,504  
    Wholesale sales (current $M) 1,424,209 1,410,743 1,525,164 1,471,489 1,403,339 1,410,743  
    Retail sales (current $M) 794,284 804,103 800,208 799,824 806,732 804,103  
    Average weekly earnings, including overtime (current $) 1,205.01 1,228.01 1,220.31 1,224.38 1,219.90 1,228.01  
    Labour force (K) 21,325.8 21,625.1 21,529.6 21,558.7 21,568.7 21,586.9 21,663.3
    Employment (K) 20,170.9 20,382.6 20,293.7 20,318.1 20,324.9 20,362.2 20,402.9
         Full-time (K) 16,536.2 16,675.9 16,626.2 16,659.7 16,652.2 16,640.6 16,711.2
         Part-time (K) 3,634.7 3,706.8 3,667.5 3,658.4 3,672.8 3,721.7 3,691.8
    Unemployment rate (%) 5.4 5.7 5.7 5.8 5.8 5.7 5.8
    Participation rate (%) 65.6 65.3 65.6 65.6 65.5 65.3 65.3
    Employment rate (%) 62.1 61.5 61.9 61.8 61.7 61.6 61.5
    Consumer price index, non-seasonally adjusted (2002=100) 157.1 158.6 158.6 158.8 158.3 158.3 158.8
    U.S. exchange rate in cents, non-seasonally adjusted 74.09 74.28 72.90 72.94 74.45 74.49 74.07

      
    – The year-to-date levels represent the average of all observable annualized periods. When annual gross value and changes are available, they are presented.
    – Monthly and quarterly data on housing starts are seasonally adjusted independently; quarterly data do not correspond to the average of monthly data.
    – In April 2020, the CMHC's monthly survey was carried out in all Canadian provinces except Québec. As a result, the April 2020 data for Québec is not available and the April 2020 data for Canada excludes Québec.
    – Annual sales of manufactured goods are calculated from the monthly survey.
    – Numbers in bold have been revised since last Friday.
      
    Sources : Institut de la statistique du Québec,
                      Statistics Canada,
                      Mortgage and Housing Corporation (housing starts),
                      Bank of Canada (exchange rates).
     
    Update : March 28, 2024
    Symbols used in tables
    .. Data not available
    ... Not applicable
    Void or zero
    Negligible data
    p Preliminary data
    r Revised data
    e Estimated data
    x Confidential
    F Data unreliable
    n.e.s. Not elsewhere specified
    p.-y. Person-year
    f.t.e Full-time equivalent
    Per thousand
    kg Kilogramme
    l Liter
    n Number
    t Metric ton
    $ In dollars
    k and '000 In thousands
    M and '000 000 In millions
    G In billions
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