Prince Edward Island Total residential and non-residential investment in building construction
Prince Edward Island Total residential and non-residential investment in building construction
Over a ten-year period between December 2011, and April, 2021 Prince Edward Island went from $34,769,883.00 in Total residential and non-residential construction expenditures to $93,288,740.00 in Total residential and non-residential spending.
Prince Edward Island 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 $79,170,353.00. As of July 2, 2021 and according to the graph below, the construction industry in Prince Edward Island seems to have recovered.
Comparing peak periods of August Total residential and non-residential spending for
2011 we have: $51,135,332.00
2016 it is: $41,028,673.00
2019 was: $79,170,353.00
And 2020 at: $78,784,530.00
In the past 10 years of seasonal peaks (August), Prince Edward Island has an average annual growth rate of 1.746% in Total residential and non-residential expenditures.
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