Canadian retail sales rose by 0.6% in July, a striking deceleration from their gains of 22.7% in June and 21.2% in May. Sales are now back to and above their pre-covid-19 levels; that virus that caused substantial backtracking in the [...]
Global| Sep 18 2020Canadian Retail Sales Get Back All Recession Losses Then Some
Global| Sep 18 2020Canadian Retail Sales Get Back All Recession Losses Then Some
Canadian retail sales rose by 0.6% in July, a striking deceleration from their gains of 22.7% in June and 21.2% in May. Sales are now back to and above their pre-covid-19 levels; that virus that caused substantial backtracking in the [...]
Global| Sep 18 2020Canadian Retail Sales Get Back All Recession Losses Then Some
Canadian retail sales rose by 0.6% in July, a striking deceleration from their gains of 22.7% in June and 21.2% in May. Sales are now back to and above their pre-covid-19 levels; that virus that caused substantial backtracking in the [...]
Global| Sep 18 2020U.S. Leading Indicators Increase Continues to Decelerate
• Component gains are mixed. • Coincident indicators' improvement moderates. • Lagging indicators continue to indicate less economic stress. The Conference Board reported that its Composite Index of Leading Economic Indicators [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 18 2020U.S. Leading Indicators Increase Continues to Decelerate
• Component gains are mixed. • Coincident indicators' improvement moderates. • Lagging indicators continue to indicate less economic stress. The Conference Board reported that its Composite Index of Leading Economic Indicators [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 18 2020U.S. Leading Indicators Increase Continues to Decelerate
• Component gains are mixed. • Coincident indicators' improvement moderates. • Lagging indicators continue to indicate less economic stress. The Conference Board reported that its Composite Index of Leading Economic Indicators [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 18 2020U.S. Current Account Deficit Deepens Significantly in Q2
• Current account deficit grows as exports & imports decline. • Goods & services balances both deteriorate. The U.S. current account deficit grew to $170.5 billion in Q2 2020 from $111.5 billion in Q1, revised from $104.2 billion. The [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 18 2020U.S. Current Account Deficit Deepens Significantly in Q2
• Current account deficit grows as exports & imports decline. • Goods & services balances both deteriorate. The U.S. current account deficit grew to $170.5 billion in Q2 2020 from $111.5 billion in Q1, revised from $104.2 billion. The [...]
by:Tom Moeller
|in:Economy in Brief
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