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An Overview of the Fredericton Economy Susan Holt

Overview of Fredericton economy - 2010

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Page 1: Overview of Fredericton economy - 2010

An Overview of the Fredericton Economy

Susan Holt

Page 2: Overview of Fredericton economy - 2010

General Stats

~3300 businesses in GFA

Population of 124,172

Household income of $76k

Young, educated workforce

Page 3: Overview of Fredericton economy - 2010

15%

14%

12%

9%7%5%

5%

5%

5%

4%

4%

4%3

%

2% 2%2%2% 0%

Breakdown of Fredericton Industry

Retail Trade Other Services (Except Public Administration)

Professional, Scientific and Technical Services

Health Care & Social Assistance

Adm. & Support, Waste Man-agement & Remediation Services

Government (Public Administra-tion)

Accommodation & Foodservices Construction Wholesale Trade Real Estate & Rental & Leasing Finance & Insurance Manufacturing Educational Services Transportation, Warehousing &

Utilities Information Arts, Entertainment & Recreation Management of Companies & Enterprises

Agriculture, Forestry, Fishing, Hunting& Mining

Page 4: Overview of Fredericton economy - 2010

Fredericton Drivers

Government and Public Institutions

Consultancies

Non-Profit and Associations headquarters

Strong income = Strong Retail

R&D and Scientific organizations

Page 5: Overview of Fredericton economy - 2010

SME Growth Areas

Personal, health related services

Marketing and design businesses

Aerospace and defence

Mining

Green themes

Page 6: Overview of Fredericton economy - 2010