Northwest Territories Total residential and non-residential investment in building construction
Northwest Territories Total residential and non-residential investment in building construction
Over a ten-year period between December 2011, and April, 2021 Northwest Territories went from $14,911,436.00 in Total residential and non-residential construction expenditures to $13,594,702.00 in Total residential and non-residential spending.
Northwest Territories 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 $15,234,270.00. As of July 2, 2021 and according to the graph below, the construction industry in Northwest Territories seems to have recovered.
Comparing peak periods of August Total residential and non-residential spending for
2011 we have: $13,985,200.00
2016 it is: $22,109,467.00
2019 was: $15,234,270.00
And 2020 at: $18,200,017.00
In the past 10 years of seasonal peaks (August), Northwest Territories has an average annual growth rate of - 5.617% in Total residential and non-residential expenditures.
Back to Shop Space for Rent or Yard Space for Rent
