Manitoba Total residential and non-residential investment in building construction
Manitoba Total residential and non-residential investment in building construction
Over a ten-year period between December 2011, and April, 2021 Manitoba went from $223,666,072.00 in Total residential and non-residential construction expenditures to $466,885,033.00 in Total residential and non-residential spending.
Manitoba 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 $590,896,177.00. As of July 2, 2021 and according to the graph below, the construction industry in Manitoba seems to have recovered.
Comparing peak periods of August Total residential and non-residential spending for
2011 we have: $324,932,350.00
2016 it is: $480,950,241.00
2019 was: $590,896,177.00
And 2020 at: $654,738,128.00
In the past 10 years of seasonal peaks (August), Manitoba has an average annual growth rate of 6.432% in Total residential and non-residential expenditures.
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