The rating agency sees conditions deteriorating as life, and spending habits, return to normal
Jobless rates remain above pre-pandemic levels in many markets
Household income rose even as GDP fell in Q2
Both housing prices and the number of home sales have grown in the past year
The overall trade surplus grew, thanks to strength in goods exports
Governments must be 'thoughtful' about the pace and scale of the clean energy transition, Al Monaco noted
The unemployment rate also hit a pandemic-era low
Soaring energy prices driving the gain in headline inflation readings
Prices in both cities were up significantly compared to last year
Consumer spending growth slows as incomes drop, BMO reports