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CA gross domestic product by industry, April 2025
Real gross domestic product (GDP) edged down 0.1% in April, following a 0.2% increase in March. The goods-producing industries were down 0.6% in April, with the manufacturing sector accounting for nearly all the decline. The services-producing industries edged up 0.1% in April. Public administration, finance and insurance, and the arts, entertainment and recreation sectors contributed the most to the increase, while the wholesale trade sector was the largest detractor to growth. Overall, 10 of 20 industrial sectors expanded in April. The manufacturing sector was down 1.9% in April, the largest drop since April 2021, ... (full story)
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Canada's economy shrinks in April, with broad-based declines in manufacturing
Canada’s economy shrank 0.1 per cent on a monthly basis in April, Statistics Canada said on Friday, a slower pace than analysts had expected. Economists had estimated Canadian real gross domestic product (GDP) would remain unchanged from March, according to consensus estimates published by BMO Economics. Statistics Canada’s flash estimate for April, published at the end of May, was for growth of 0.1 per cent. Friday’s numbers come after data on Tuesday showed inflation remaining flat from the previous month at 1.7 per cent annualized. Some economists said the Bank of Canada was unlikely to be swayed by the ... (full story)
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From bea.gov|Jun 27, 2025|32 commentsPersonal income decreased $109.6 billion (0.4 percent at a monthly rate) in May, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal ...
From disciplinefunds.com|Jun 27, 2025Here are some things I think I am thinking about. 1) Tariff counterfactuals. The stock market has returned to where it was before the whole tariff fiasco happened. And now I am ...
From @LiveSquawk|Jun 27, 2025|5 commentsUS Sec Bessent: We're Seeing A De-Escalation With China – Fox Business Interview - Agreement Will Allow China Magnets To Flow To Everyone Who'd Received Them Previously - 20% Fentanyl Tariffs With China To Remain - Our Tariffs Are 30% On China, Theirs Are 10%
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From cnbc.com|Jun 27, 2025|7 commentsFederal Reserve Chair Jerome Powell takes questions from reporters after the central bank announced its decision to leave interest rates unchanged.
From goldpriceforecast.com|Jun 27, 2025|4 commentsWe have been here before. President Trump's latest bashing of Fed Chair Powell isn't without precedent. Chair Powell was the object of President Trump's scorn during his first ...
From breakingthenews.net|Jun 27, 2025The Consumer Sentiment Index in the United States continued to improve in June, according to a final monthly report published by the University of Michigan on Friday. The index ...
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