Tag: GDP
Increase in US jobless claims, BTC returns to highs
Canadian GDP slightly up, Asian markets performed well today
US Unemployment increase; Hormel surges while Snowflake plummets; Canadian GDP up; Yen strengthens; Chinese shares jump; Oil stable; ECB watched
US Unemployment Figures increase
Initial claims for unemployment...
NZ consumers expect inflation tapering, UK is showing more growth
On average, survey respondents expected the Official Cash Rate (OCR) to be at 5.53% by the end of the September 2023 quarter
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 decrease of 26,000 from the previous week's revised level. The...
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 Labor Statistics reported. Job gains occurred in professional and business...
Work compensation goes up due to marginal GDP increases and inflation
Compensation costs for civilian workers increased 1.2 percent, seasonally adjusted, for the 3-month period ending in March 2023, the U.S. Bureau of Labor Statistics reported. Wages and salaries increased 1.2 percent and benefit costs...
Signs towards cooling inflation on the horizon for some
Per the Australian Bureau of Statistics the monthly CPI indicator rose 6.8% in the twelve months to February. The most significant price rises were Housing (+9.9%), Food and non-alcoholic beverages (+8.0%) and Transport (+5.6%)....
Real GDP measures up in the US despite lingering inflation
The Bank of Canada increased its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. The Bank is also continuing its policy of quantitative...
The UK squeezes out a small GDP growth, CPI and inflation down
Per the US Department of Labor in the week ending January 7, the advance figure for seasonally adjusted initial claims was 205,000, a decrease of 1,000 from the previous week's revised level. The previous...
US and Canadian growth scramble to outpace consumer price index
According to Statistics Canada Real gross domestic product (GDP) edged up (+0.1%) in October, following a +0.2% uptick in September. Growth in services-producing industries (+0.3%) was partially offset by a decline in goods-producing industries...
GDP rises in US, Canada as labor market trying to catch up to growth
In Canada real gross domestic product (GDP) rose 0.7% in the third quarter, the fifth consecutive quarterly increase
