§Recent economic indicators confirm that the global recession is being felt throughout Atlantic Canada's economy. On a number of indicators, such as retail sales, the data so far point to more modest declines in Atlantic Canada than in Canada as a whole. Indeed, Atlantic export revenues in some sectors are up from 2008. However, the region continues to shed jobs, with further employment declines likely during the course of the year.   

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Note: In March 2009 APEC launched the Economic Update, which is designed to provide the most current information on the impact of the recession on Atlantic Canada.

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