Hamilton's economy is set to slow down.

A new report from The Conference Board of Canada says the cities GDP growth will shrink to 1.8 percent in 2012.

Forcasted struggles in the manufactring and service sectors are thanks to an unstable world economy.

Output in contruction will be slowed due to an end of government stimulus funding.

Things are still rosy out west - Edmonton, Calgary, and Saskatoon are all expecting more than 3-percent growth this year.