Nova Scotia Total residential and non-residential investment in building construction
Nova Scotia Total residential and non-residential investment in building construction
Over a ten-year period between December 2011, and April, 2021 Nova Scotia went from $226,768,138.00 in Total residential and non-residential construction expenditures to $248,379,827.00 in Total residential and non-residential spending.
Nova Scotia constructions spending peaks in the summer to early fall and the pre-covid peak spending on August 2019 for Total residential and non-residential was $392,062,818.00. As of July 2, 2021 and according to the graph below, the construction industry in Nova Scotia seems to have recovered.
Comparing peak periods of August Total residential and non-residential spending for
2011 we have: $254,207,077.00
2016 it is: $292,145,908.00
2019 was: $392,062,818.00
And 2020 at: $366,220,696.00
In the past 10 years of seasonal peaks (August), Nova Scotia has an average annual growth rate of 2.598% in Total residential and non-residential expenditures.
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