U.S. consumer spending sinks by record 13.6% in April
The spending decline was far worse than the 6.9% drop in March
- By: Martin Crutsinger, The Associated Press
- June 10, 2020 June 10, 2020
- 10:27
The spending decline was far worse than the 6.9% drop in March
Medium-term risks to inflation “remain firmly to the downside,” paper warns
Economic report says data encouraging
Net income was down sharply in Q1, largely before lockdowns
Sponsorship may evolve depending on how consumer behaviour changes
Governments need real-time payroll information to deliver worker support programs
Some economists say it could take two years or more
Quebec data was absent from April due to pandemic measures, affecting monthly comparison
The S&P 500 is up more than 13% in the last year despite ongoing economic uncertainty
High earners more likely to be in jobs that can be done remotely
Advisors presented best practices for engaging clients during an RIA virtual panel
The job gain stores and companies may be starting to rehire
Research finds high levels of anxiety, increased use of alcohol and junk food
Canada among the leaders in fiscal and monetary efforts to fight Covid-19 fallout
Consumer and business insolvency filings drop sharply
Trading activity on TMX equity markets subsides further in May
Sales in Toronto were down almost 54% year over year in May
More than $1 billion flowed into international equity funds
SIFMA survey of economists sees long recovery from Covid-19 ahead
Covid-19 may fundamentally shift Canada's immigration patterns, report suggests
A paper argues that the strategies are complementary, not contradictory
Regulators prepping for more severe pandemic effects