Thursday, 12 January 2012 09:16
The latest gross domestic product numbers confirm the territory's economy extended its reach by nearly four per cent in 2010.
Harvey Brooks, the territory's deputy minister of Economic Development said the numbers likely stayed the same for 2011.
"We're not a boom economy but we have certain sectors of our economy that are at record levels and we are hoping that will continue into 2012," said Brooks.
"And the indications are that many of those sectors will remain very strong."
Brooks said the territory has been breaking records for mining exploration spending and retail sales. But other areas, like government spending, are showing more moderate growth.


