economics.gov.nl.ca

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Definitions (46)

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social statistics


Data which describe the quality of life, environmental conditions, characteristics and customs of a population or society (e.g., literacy rates, poverty rates, education levels).
Source: economics.gov.nl.ca (offline)

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balance of trade


The value of exports minus the value of imports.
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bank rate


The interest rate that the Bank of Canada charges the chartered banks on the reserves it lends them.
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business cycle


The periodic up-and-down movement in production.
Source: economics.gov.nl.ca (offline)

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capital


The equipment, buildings, tools, and manufactured goods that are used to produce goods and services.
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capital investment


Machinery and construction spending on items that increase the productive capacity of the economy (such as factories and roads). This also includes changes in business and government inventories which also represent investment.
Source: economics.gov.nl.ca (offline)

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census


This process, generally conducted once every five years, counts everyone living in Canada including non-permanent residents who hold a Ministerial permit, student authorization or employment authorization, or who claim refugee status. Also counted are citizens who are temporarily working outside the Country at the time of the Census (e.g., persons [..]
Source: economics.gov.nl.ca (offline)

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chained dollars


A method used to measure change in volume over time by adjusting for inflation. In 2002 this method replaced the previous constant dollar method used by Statistics Canada, and is also used by the United States. Chained value estimates are produced using a chained Fisher volume index. Put simply, the chain Fisher volume index is computed using a com [..]
Source: economics.gov.nl.ca (offline)

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consumer spending


Spending by households on goods and services. Consumer spending is classified into four broad categories: (1) durable goods (e.g., cars and furniture) (2) semi-durable goods (e.g., clothing) (3) non-durable goods (e.g., food) and (4) services (e.g., taxis and lawyers).
Source: economics.gov.nl.ca (offline)

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consumer price index


An index that measures price movements in a basket of goods and services that a typical family buys. An arbitrary base year is chosen for which the index is assigned a value of 100 (presently 2002). Changes in the cost of the basket are tracked over time by comparing the index value to the base year. For example, an index number of 105 for a partic [..]
Source: economics.gov.nl.ca (offline)


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