Revises April forecast, when it predicted 0.4% growth
Services-producing industries gained 0.1% in the month, goods-producing industries contracted 0.3%
Recovery will pick up steam in the second half of 2024, the company forecast
Surprising resilience continues amid tighter monetary policy
The European Commission lowered its growth forecast for this year and next
Economists see Bank of Canada holding on rates after surprise GDP contraction
The country is one of the fastest growing economies of the world
Consumer spending showed a decent gain but was down from Q1
Bank earnings continue, with jobs and GDP data later in the week
Wholesale sales of selected products down 2.8% to $80.5 billion in June, with ag products leading way with 19.4% drop