CA GDP m/m
It's the broadest measure of economic activity and the primary gauge of the economy's health;
- CA GDP m/m Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Nov 29, 2024 | 0.1% | 0.3% | 0.0% |
Oct 31, 2024 | 0.0% | 0.0% | 0.1% |
Sep 27, 2024 | 0.2% | 0.1% | 0.0% |
Aug 30, 2024 | 0.0% | 0.1% | 0.1% |
Jul 31, 2024 | 0.2% | 0.1% | 0.3% |
Jun 28, 2024 | 0.3% | 0.3% | 0.0% |
May 31, 2024 | 0.0% | 0.0% | 0.2% |
Apr 30, 2024 | 0.2% | 0.3% | 0.5% |
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- CA GDP m/m News
Real gross domestic product (GDP) edged up 0.1% in September, after remaining essentially unchanged in August. Services-producing industries rose 0.2% in September, in large part driven by increases in the retail and wholesale trade sectors. This was the fourth consecutive month where the services-producing industries increased. Goods-producing industries contracted 0.3% in September, as the mining, quarrying, and oil and gas extraction and the manufacturing sectors contracted in the month. Goods-producing industries were down for a ...
The dollar's Q4 rally continued last week. The Dollar Index has risen in the first eight weeks of the fourth quarter, gaining a little more than 7%. Half of the G10 currencies (the euro, the Swedish krona, the Norwegian and Danish krone, and New Zealand dollar) fell to new lows for the year last week. Part of the story is the paring of Fed cut speculation. The derivatives market no longer has even 50 bp of cut discounted between now and the middle of next year. The effective Fed funds rate at the end next year is seen near 3.90%. It ...
Real gross domestic product (GDP) was essentially unchanged in August, following a 0.1% increase in July. The services-producing industries edged up 0.1% in August, driven in large part by increases in the finance and insurance and the public administration sectors. Goods-producing industries (-0.4%) reached its lowest level since December 2021, with the manufacturing and utilities sectors causing the decline within this aggregate. Overall, 12 of 20 sectors expanded in August. The manufacturing sector was the largest detractor to ...
Real gross domestic product (GDP) was up 0.2% in July, following essentially no change in June. Despite negative impacts from wildfires on transportation and warehousing and accommodation services, the services-producing industries grew 0.2% in July, driven in large part by increases in the retail trade sector, the public sector and the finance and insurance sector. Goods-producing industries edged up 0.1%, with the utilities and manufacturing sectors contributing the most to growth within this aggregate. Overall, 13 of 20 sectors ...
This should be a lighter week but with several key developments still ahead. Several central banks are poised to make decisions including Banxico, the SNB, the RBA, and Riksbank or offer guidance including officials from the PBOC, Bank of Canada and Federal Reserve. Key data will include the start of tracking Eurozone CPI, another US core PCE update, and Canadian GDP. There is no special topic considered in this week’s edition due to other demands including travel. Canada's Economy - How far off is the BOC? Canada’s economy will be a ...
Real gross domestic product (GDP) increased 0.5% in the second quarter after rising 0.4% in the first quarter. Higher government final consumption expenditures, business investment in engineering structures and machinery and equipment, and household spending on services in the second quarter were moderated by declines in exports, residential construction and household spending on goods. On a per capita basis, GDP fell 0.1% in the second quarter – the fifth consecutive quarterly decline. Government expenditures rose 1.5% in the second ...
In the middle of last week, the Fed funds futures discounted 103 bp of cuts this year. There was some movement but after Fed Chair Powell’s, but the market finished the week with 104 bp of cuts priced into the Fed funds futures curve. The two-year note yield settled at a three-week low and the dollar slumped. The Dollar Index's 1.7% lost last week, its fifth consecutive drop and the largest weekly decline of the year. Although the euro rose to $1.12, its best level since July 2023, and sterling appreciated to $1.3230, its best level ...
Real gross domestic product (GDP) grew 0.2% in May, following a 0.3% increase in April. The goods-producing industries grouping (+0.4%) was the main contributor to the overall growth with four of five sectors increasing in May. Services-producing industries edged up 0.1%. Overall, 15 of 20 sectors expanded in May. The manufacturing sector (+1.0%) led the growth in May, up for a second consecutive month. The increase in May was the largest since January 2023 as both durable and non-durable manufacturing rose in May 2024. Non-durable ...
Released on Nov 29, 2024 |
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Released on Oct 31, 2024 |
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Released on Sep 27, 2024 |
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Released on Aug 30, 2024 |
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Released on Jul 31, 2024 |
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