Regina Prosperity Matrix Q3

Regina’s economy showed steady resilience in Q3, even as the overall index slipped to 54 from 58. The labour market was the standout, with the Employment Index jumping to 69 as more residents entered the workforce, hiring increased, and wages continued rising. Manufacturing saw modest improvement, though firms remained cautious amid tariff-related uncertainty and higher input costs. Housing held steady at 55, with slightly higher home prices, flat rents, and increased building permits signaling future construction, despite rising costs. Consumer spending softened noticeably, with the Consumption Index dropping to 60 as households became more selective and retail activity slowed. Expected Bank of Canada rate cuts may help bolster confidence. Household affordability improved to 63, reflecting stable debt management and cautious borrowing. Overall, Regina is adapting steadily despite global pressures.