Residential real estate fuels increase in national wealth during third quarter
Job gains, buoyant housing markets are helping to support consumer spending
Stronger Canadian dollar trims value of international assets: StatsCan
A record plunge in the price of gasoline in the United States in November pulled consumer prices to their biggest drop in over 50 years, the U.S. government said today.Last month’s drop of 0.6% in the Consumer Price Index was the largest on record since the 0.9% retreat back in July 1949, the U.S. Labor […]
Auto sector rebounds
Current holiday season mixed for independent retailers
Consumer confidence rebounded in November to its highest level since the spike in energy prices last summer, according to the Conference Board’s latest Index of Consumer Confidence.Confidence rose for the second consecutive month, increasing by 8.5 points to 119.6.“This is the rebound that we expected to occur once energy prices stabilized,” said Pedro Antunes, director […]
Household spending levels off
Canada lags U.S. in investment in information and communication
Industrial capacity use rises