Retail sales slump in April
U.S. trade deficit widens
Strong gains in residential and non-residential sectors
Focus remains on traditional North American customers, not expanding globally, says Scotiabank economist
The Bank of Canada suggests that the Canadian economy was operating just above its production capacity in Q1
Consumer prices remain stable: beige book
Canada’s GDP eases to 2.7%, StatsCan says
Demand for U.S. durable goods rose during March in a broad-based increase that was better than expected, and a gauge of spending by businesses rebounded.Meanwhile, U.S. new-home sales rose in March but the increase was smaller than expected, while inventories inched up and prices kept rising.Orders for durable goods increased by 3.4% last month to […]
Consumer confidence fall in April
Decline in autos countered by price-induced gasoline and supermarket growth