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Uptick in US jobles claims, Australia rate steady

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...

Growth Spurts: Retail, Jobs, and Prices in September 2023

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...

Uptick in US unemployment, Canadian GDP nearly unmoved, Swiss CPI up

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.

Slight edge down in retail sales, weekly claims lower as well

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 BoE voted to increase Bank Rate. Labour force participation the highest recorded

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.

0.7% increase in retail sales in June 2023, with all main sectors experiencing growth

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.

Global inflation appears ready to ease, governments still on alert

The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2 percent in June on a seasonally adjusted basis, after increasing 0.1 percent in...

Second GDP estimate good, mining sector in Canada grows

According to the US Department of Labor in the week ending June 24, the advance figure for seasonally adjusted initial claims was 239,000, a...

More quantitative tightening despite labour market not at maximum yet

Per the Reserve Bank of Australia announcement, the Board decided to increase the cash rate target by 25 basis points to 4.10 per cent....

US unemployment in the 3.4-3.7 range, Canada GDP stagnates

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...
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