A.P.E.C. forecasts sluggish economic growth for New Brunswick

The Atlantic Provinces Economic Council is predicting economic growth in New Brunswick is going to shift into a lower gear in 2018, with real GDP growth forecasted at 1-percent.

That compares to this year which it is expected will see 1.4-percent growth. 

APEC senior policy analyst Fred Bergman points to double digit growth in exports.

Bergman says that housing starts are up about 16-percent in the first few quarters of 2017 and the total value of existing home sales is up about 10-percent over the same time frame.