SCER 5 Year Economic Highlights
The Economic Highlights Report is a statistical overview of South Central Enterprise Region's (SCER) economic performance. It explores the contributing factors to growth or decline within the context of business enterprises, labour market and lifestyle.
- The population of SCER had an upward trend with growth at 6.3%. Changes in population were more distinct for rural communities compared to urban ones.
- The upward trend in population was more evident among the age cohort 20-64 years
- A net growth of 71 businesses with most in sectors such as Information, Culture & Recreation, Construction and Manufacturing. The total growth consisted of 70 new small businesses and 1 mid-sized company.
- Most of the growth in businesses was concentrated in Moose Jaw.
- Prices of agricultural commodities generally declined from 2008 levels but are expected to rebound gradually in the years ahead.
- Prices of energy commodities have declined from their highest points in 2008. A strong price rally is not expected for the energy market in the immediate future.
- Mill rates for the agricultural and commercial businesses have decreased in recent years.
- Average sale prices for commercial real estate property are generally on the increase, although they will likely do so in a gradual way in upcoming years.
To obtain further details on the economic analysis, please access the SCER 5 Year Economic Highlights Report
