They provide a measure of the interdependence between an industry and the rest of the economy. The Bank of Canada also maintained its key policy interest rate at 0.25% in the September meeting on the left side of the page. Employment gains between May and August 2020 (+8.9% relative to February 2020 levels) have also been much more rapid than in previous recessions. These products present analysis of the Canadian economy as well as the latest methodological and conceptual developments in the Canadian System of Macroeconomic Accounts.

This measurement of GDP can also be defined as the sum of consumer spending, gross investment, government spending and net trade. Monthly data on Canada's international transactions securities in foreign bonds cover sales, purchases and net flows by currency of issue. −13.6%, respectively), but effectively caught up by August 2020. By gender: Females experienced an employment change of −17.2% between February and May, an employment change of +10.7% between May and August relative to February employment, and a net employment change of −6.5% between February and August; Males experienced an employment change of −13.6% between February and May, an employment change of +7.2% between May and August relative to February employment, and a net employment change of −6.4% between February and August. Between February and August 2020, youth aged 15 to 24—many of whom are in sales and service occupations —had large net employment losses (−20.1%) even after their notable gains between May and August 2020. Note: The month of recent low is May for Ontario and April for all other provinces and the Canadian total.

Â. Agricultural Accounts.

This bar chart shows quarterly percentage changes in real GDP for the U.S., the Euro area, Germany, the United Kingdom, Japan and China for the first two quarters of 2020. Surveys and statistical programs – Documentation: (current) Go to page 1 of Reference results, Annual labour productivity (chained (2012) dollars), Employment, environmental and clean technology products sector, Canada, Percentage of total national gross domestic product attributable to environmental and clean technology products, Gross domestic product by multinationals in Canada, Total merchandise trade by multinationals in Canada, Jobs held by males, environmental and clean technology products sector, Jobs held by females, environmental and clean technology products sector, Jobs held by females, natural resources sector, Average hourly wage, natural resources sector—full-time jobs, Average hourly wage, environmental and clean technology products sector—full-time jobs, Average hourly wage, environmental and clean technology products sector—part-time jobs, Average hourly wage, natural resources sector—part-time jobs, Jobs held by males, natural resources sector, Gross domestic product of non-profit institutions, Total tourism spending on culture products, Canada, Domestic tourism spending on culture products, Canada, Export tourism spending on culture products, Canada, Total tourism spending on sport products, Canada, Domestic tourism spending on sport products, Canada, Export tourism spending on sport products, Canada, Canada's international transactions in securities August 2020, International transactions in securities, portfolio transactions in Canadian and foreign securities, by type of instrument and issuer, monthly, International transactions in securities, portfolio transactions in Canadian and foreign securities, by type of instrument and issuer, quarterly, International transactions in securities, portfolio transactions in Canadian and foreign securities, by geographic area, monthly, International transactions in securities, portfolio transactions in Canadian bonds, by type of issuer and transaction, monthly, International transactions in securities, portfolio transactions in Canadian bonds, by currency of issue and type of transaction, monthly, International transactions in securities, portfolio transactions in Canadian equity and investment fund shares, by type of transaction, monthly, International transactions in securities, portfolio transactions in foreign bonds, by currency of issue, monthly, International transactions in securities, loans under repurchase agreements, assets and liabilities, by type of instrument, monthly, International investment position, foreign portfolio investment in Canadian debt securities, by remaining maturity and sector, monthly, A Presentation Series from Statistics Canada About the Economy, Environment and Society, Canadian Transportation Economic Account 2015 and 2016, National tourism indicators second quarter 2020, Gross domestic product by industry July 2020, A portrait of infrastructure-related jobs in Canada, Natural resource indicators second quarter 2020, Industrial capacity utilization rates second quarter 2020, National balance sheet and financial flow accounts second quarter 2020, Latest Developments in the Canadian Economic Accounts, A preview of the 2019 revision of the Canadian System of Macroeconomic Accounts, Analytical Studies Branch Annual Consolidated Plan for Research, Data Development and Modelling, 2019/2020, Input-Output Model Simulations (National Model), Input-Output Model Simulations (Interprovincial Model), User Guide: Canadian System of Macroeconomic Accounts, Revision to Quarterly Income and Expenditure Accounts: 1961 to 1980.

4600 Silver Hill Road • Suitland, MD 20746. Data Visualization: 71-607-X2020009. U.S. employment rose a total of 11.4 million between May and September, representing about half of the 22.2 million jobs lost in March and April. This is a portrait of these jobs across Canada. In August 2020, the unemployment rate was 10.6%, down from a high of 13.6% in May.   Prior to the impact of The glossary is a tool that helps users understand the terms and concepts used in the macroeconomic accounts. Results.

Prices decreased for household consumption (−0.6%), business investment (−0.1%), exports (−2.4%) and imports (−1.8%).  Prices increased for the government sector (+1.0%) in the second quarter.

Table 1: Ontario Gross Domestic Product (Income-Based)

The industry economic accounts, … The strongest gain was recorded in the first quarter of 2017 (+1.6%). At various times, clients have requested the use of IO price, energy, tax and market models. Contact Us.

There were notable employment increases in both service-producing (+552,700) and goods-producing (117,700) industries between May and August. The chart indicates the per cent change in real and nominal GDP in the second quarter of 2020. The estimates of gross domestic product and personal income by state and local areas, and the accompanying detail, provide a consistent framework for analyzing and comparing individual state and local area economies.

Businesses drew down $17.9 billion worth of non-farm inventories in the second quarter. Users of macroeconomic statistics require long time series in order to understand economic cycles, forecast and conduct economic modeling. Prices declined to around $45 US per barrel at the end of 2018. Prior to 2020, U.S. quarterly growth averaged 0.6% from the first quarter of 2016 through the fourth quarter of 2019. Since the low recorded in April, recovery was led by higher sales of motor vehicles and parts. In Alberta, there was an employment change of −15.5% between February and recent low (April), an employment change of +8.4% between recent low and August relative to February employment, and a net employment change of −7.0% between February and August. The bar chart illustrates Canada’s quarterly per cent real GDP growth from the first quarter of 2016 to the second quarter of 2020. In Quebec, there was an employment change of −18.7% between February and recent low (April), an employment change of +14.4% between recent low and August relative to February employment, and a net employment change of −4.3% between February and August.

[2] By the LFS reference week in May, some provinces had begun to gradually ease public health restrictions and allowed Select one of these groupings below to begin exploring BEA's data. These events provide Statistics Canada with an opportunity to promote the role of official statistics and better understand data users’ needs. Ontario’s real GDP decreased by 12.3% in the second quarter of 2020, the largest quarterly decrease on record, following a decline of 2.0% in the first quarter1. All indices have recovered strongly with S&P 500 rising above its March peak. [1] Based on quarterly Ontario Economic Accounts data back to 1981, consistent with Statistics Canada’s Provincial Economic Accounts. construction (−0.6%) were partially offset by an increase in machinery and equipment prices (+2.3%).

Having experienced the pandemic earlier than the rest of the world, China’s economy grew 11.5% in the second quarter after declining 10.0% in the first quarter. Other national accounts data on institutional sectors, government finances or supply, …

This approach can also be referred to as the value-added approach as it quantifies the additional value generated by industries through the production of final products within the economy.

Quebec has experienced real GDP growth over the entire period, with the exception of the first and second quarters of 2020. The horizontal bar chart depicts the per cent change in Ontario’s real GDP and its components for the second quarter of 2020. in Alberta, Ontario and Nova Scotia. This chart shows the U.S. unemployment rate in per cent from January 2016 to September 2020.

Wholesale trade increased by 5.3% in July, following an increase of 28.3% in June. Table 10: Ontario Gross Domestic Product at Chained 2012 Prices Monthly data on Canada's international transactions securities in Canadian equity and investment fund shares by type of transaction.

The Ontario Economic Accounts provide measurements of GDP using three different methodologies, by expenditure, income and industry. Given their availability, arrangements can be made to use these models on request.

Canadian real GDP declined 11.5% in the second quarter of 2020, after decreasing 2.1%  in the previous quarter. Household disposable income increased by 10.0%, following a 1.2% advance in the previous quarter. It provides a forum for the publication of the highest quality manuscripts which employ economic analyses of accounting problems. Most of this increase in employment was in the private sector (+623,100).

Jobs related to infrastructure include direct employment, such as the construction worker building a bridge and the engineer supplying the plans, but also indirect, such as the manufacturer supplying the steel and the restaurant worker supplying the meals.

Eurostat receives data from the EU Member States, EFTA countries and EU candidate countries and produces EU and euro area aggregates.

During the 1981/82 recession, employment hit its low point in (post-peak) month 13 at −4.8% and returned to peak employment in month 24. To start a new search, click on the Clear all button above the search box or deselect each filter. National accounts provide information to analyse the structure of economies and their development over time. As of September, the level of U.S. employment remained 7.0% lower than it was in February. The unemployment rate rose to 14.7% in April before easing down to 8.4% in August and 7.9% in September. This section focuses on a selection of national accounts statistics regarding core national accounts aggregates such as gross domestic product (GDP), its main components and employment. The GDP by expenditure approach defines GDP as the aggregate of all expenditures on final consumption, gross capital formation and net trade by consumers, governments and businesses that occur within Ontario’s economy over a given time period. Economy-wide prices declined 1.1% in the second quarter of 2020, after decreasing by 0.3% in the first quarter of 2020. Since the low in April, the overall recovery was broad based, led by higher sales at motor vehicle and parts dealers. Japan’s real GDP contracted 7.9% in the second quarter and 0.6% in the first quarter.

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