Chinese manufacturing imports are trimming Canadian consumer inflation by about 0.1% per year, finds a new paper published by the Bank of Canada.The discussion paper investigates the direct effect of Chinese imported goods on consumer prices in Canada. It finds that, on average, from 2001 to 2006, the direct effect of consumer goods imported from […]
Consumer confidence softens
U.S. employment falls for the first time in four years
U.S. retailers post stronger sales
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