Counting on US consumers for growth
With improvements in labour and housing markets, the conditions are set for US household formation to rebound.
Non-permanent residents a major economic force: CIBC
Important and younger demographic influencing housing and consumer spending.
Ontario among provincial leaders in economic growth: Conference Board
Province’s economy projected to grow by 2.9% in 2015, bolstered by strong exports and consumer spending.
Cheaper crude oil might actually benefit economy, RBC study says
Report warns struggling oil prices could stymie business investment in the important oil and gas sector.
Thailand cuts growth forecast on sluggish exports, auto production
Southeast Asia’s second-largest economy is likely to grow 3% this year instead of 3.8-4.3% predicted in August.
BoC no longer expects Q3 economic growth of 3.8%
Q3 will likely show more moderate growth of 2% to 2.5%: BoC’s senior deputy governor.
TD Bank raises Q3 outlook for economic growth
Bank expects Canada’s economy to grow at a pace of 2.3% in the July-September period.
US economy accelerates 2.5%, propelled by consumer spending
Businesses respond to boosted demand by rebuilding stockpiles.
China promises measures to boost consumption as economic growth dips
Analysts say higher outlays on social programs are required to free up household incomes for consumer spending.
Budget fights threaten US growth, hiring
Americans are expected to buy more this year, which will help boost US manufacturing output.
Factory output spurs Chinese economic growth
Indicates possible economic recovery as Communist party readies to install new leadership.
Canadian business optimistic about US economy after vote: BMO
Performance of the US economy drops to 6th on list of biggest challenges for Canadian business, from #1 last year.