Numbers show Bramptons economy is doing well

Figures have just been released for Brampton, and along with other positive news, they indicate that it is one of the fastest paced construction markets in the whole country. They also show that its economy is on the rise.

The statistics that were just released in the annual economic report for the city indicate that, in 2015, over 5,000 residential units were erected, earning it a fifth place position in the whole country when it comes to the construction of new residences. Construction activity in the industrial sector was also brisk, and it has risen by almost 100 percent.

In another positive indicator for the financial health of the city, estimates show that the population has seen a steep increase, rising to over 600,000 people from 523,911 in 2011. The unemployment rate in the Peel Region, which includes Brampton, has dropped, which is another sign that it is very attractive to business. Just over 208 enterprises have opened their doors in the city over the past year, adding 1,446 jobs to the local economy.

All of this growth has led to a larger customer base for many companies, and businesses that provide services such as designing and creating office Stationery, are able to meet all of their printing needs.

Further information about the economic health of the city and those who love there can be found on Brampton’s website.

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