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Canada gross domestic product by industry, May 2025
Real gross domestic product (GDP) edged down 0.1% in May for the second consecutive month, as goods-producing industries declined while services-producing industries were essentially unchanged. The goods-producing industries edged down in May, driven primarily by a contraction in the mining, quarrying and oil and gas extraction sector, while the manufacturing sector expanded in the month. The services-producing industries were essentially unchanged, as real estate, rental and leasing and transportation and warehousing posted increases while retail trade and public administration contracted. Overall, 7 of 20 ... (full story)
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Canada’s economy contracts in May, but there were signs of a June rebound
Statistics Canada says the economy contracted for a second straight month in May but there were signs of a rebound in June. The agency says real gross domestic product fell 0.1 per cent in May, matching the decline in April. Goods-producing sectors were blamed for the May decline, particularly in mining, quarrying and oil and gas. Manufacturing activity grew 0.7 per cent in May, partially offsetting a drop of 1.8 per cent in April when U.S. tariffs took full effect. StatCan says its early estimates have June real GDP growing 0.1 per cent thanks to strength in retail and wholesale trade, but manufacturing is expected ... (full story)
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From destatis.de|Jul 31, 2025The inflation rate in Germany is expected to be +2.0% in July 2025. The inflation rate is measured as the change in the consumer price index (CPI) compared with the same month a ...
From disciplinefunds.com|Jul 31, 2025|2 commentsHere are some things I think I am thinking about. 1) Another Frothy Bubblet Growing? While this is not exactly like the Covid induced 2021 speculative market, there are signs that ...
From @financialjuice|Jul 31, 2025|3 commentsUS Treasury Secretary Bessent on China: We have makings of a deal. BESSENT ON CHINA: WILL SPEAK TO TRUMP THURSDAY ABOUT AUG 12 DEADLINE WITH CHINA TREASURY SECRETARY BESSENT: WE PULLED DOWN A LOT OF THE NON-TARIFF TRADE BARRIERS IN SOUTH KOREA DEAL -CNBC INTERVIEW BESSENT ON INDIA TRADE DEAL: I DON'T KNOW WHAT'S GOING TO HAPPEN BESSENT ON INDIA TRADE DEAL: IT WILL BE UP TO INDIA BESSENT ON INDIA TRADE DEAL: TRADE TEAM BESSENT ON FED: WE ARE PUTTING TOGETHER VERY GOOD LIST OF FED CANDIDATES BESSENT: NOT SURE WHAT THE CASE IS FOR NOT CUTTING RATES
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From bea.gov|Jul 31, 2025Personal income increased $71.4 billion (0.3 percent at a monthly rate) in June, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal ...
From dol.gov|Jul 31, 2025|7 commentsIn the week ending July 26, the advance figure for seasonally adjusted initial claims was 218,000, an increase of 1,000 from the previous week's unrevised level of 217,000. The ...
From bls.gov|Jul 31, 2025|8 commentsCompensation costs for civilian workers increased 0.9 percent, seasonally adjusted, for the 3-month period ending in June 2025, the U.S. Bureau of Labor Statistics reported today. ...
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