Food and beverage stores saw the largest decline
Result matched economists’ expectations
Dip in apartment constructions offsets gains in single-family homes
Consumer confidence remains high in spite of economic uncertainties
Reports indicate Canada’s inflation rate is on target
Central bank also downgraded its global growth forecast to 3%
Fed chair says trade tensions and slowing global growth have weighed on the economy
The ratio of elderly to working-age people is rising
Rate of urban starts increased by 26%
Financial firms summarize the outlook for stocks, bonds and global growth