Drops recorded in both residential and non-residential sectors
Modest to moderate increases in consumer spending reported
Sector grows at the slowest pace in the past five months, ISM says
Housing outlays plunge in July
Growth eases to 0.8% from 1% in first quarter
Personal income, spending accelerate
Jobless claims hit highest level since April
Higher exports and lower imports helped push the country’s current account surplus up $2.2 billion to $8.4 billion in the second quarter.Statistics Canada said the surplus on trade in goods rose $1.6 billion — the third consecutive quarterly increase — to $16.3 billion, the highest level since the fourth quarter of 2005.After setting a record […]
Strong growth in household and business loans has accelerated
Declines in manufacturing and insurance partially offset by gains from wholesalers, retailers and real estate companies