Non-Residential Construction Investment 2nd Quarter 2014

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Revised data from Statistics Canada made only small changes to non-residential construction activity for the first half of the year. Nova Scotia’s non-residential construction investment was revised to $175.2 million in the second quarter from the initial estimate of $173.5 million.
In the second quarter of 2014, non-residential building construction in Nova Scotia declined 5.4 per cent from the previous quarter to $175.2 million (seasonally adjusted). Compared with the same quarter in 2013, non-residential building construction is down 7.0 per cent. This decline appears to be more pronounced in Halifax non-residential construction, which declined by 9.6 per cent compared to Q1 2014 and 19.5 per cent compared to Q2 2013 .  Read more.