Uptick in multi-unit Canadian construction
In the week ending November 11, the US Department of Labor reported an uptick in initial jobless claims, reaching 231,000—a...
Key Economic Trends and Figures Impacting USA, UK, and Canada
USA:
Retail and Food Services Sales Experience Robust Growth
The U.S. Census Bureau reports a significant surge...
The GDP deflator rose 0.7% in the second quarter, as consumer inflation remained elevated. However, the terms of trade—the ratio of the price of exports to the price of imports—fell 2.0% in the second quarter, primarily because of a 3.4% decline in prices of exported goods. This was the fourth straight quarterly decrease in the terms of trade.
the advance figure for seasonally adjusted initial claims was 230,000, a decrease of 10,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 239,000 to 240,000. The 4-week moving average was 236,750, an increase of 2,250 from the previous week's revise
The seasonally adjusted unemployment rate was 3.6 percent in the June 2023 quarter, compared with 3.4 percent last quarter, according to figures released by Stats NZ.
Non-store retailing sales volumes rose by 0.2% in June 2023, following a rise of 2.4% in May 2023.
Automotive fuel stores sales volumes fell by 0.3% in June 2023, following a rise of 1.7% in May 2023.
Total nonfarm payroll employment increased by 339,000 in May, and the unemployment
rate rose by 0.3 percentage point to 3.7 percent, the U.S. Bureau of...