Higher construction prices boost spending
The Organization for Economic Co-operation and Development reports that the latest composite leading indicators (CLIs) point strongly to a slowdown in economic activity throughout most OECD countries.The latest data for May indicate a continued weakening outlook for all the major seven economies, except Japan and Italy. Overall, the CLI for the OECD area decreased by […]
Companies in Western Canada looking to invest
Poor state of labour market portends weak consumer spending
Gains in service sector and goods production
U.S. consumer confidence falls to lowest level in 16 years
Fifth increase in seven months
Core inflation rate holds steady
Housing starts decline as industrial output slumps