Saturday, January 21, 2017
Breaking News
Home » Tag Archives: RBC

Tag Archives: RBC

Canadian retail sales rise 0.2 percent

RBC logo

(Jan. 20, 2017) -- "These increases bode well for November GDP to reverse the unexpected 0.3 percent decline in October GDP. This bounce back and earlier monthly increases point to Q4 GDP growth remaining positive rising an annualized 1.5 percent," said Ferley. Read More »

Beige Book shows evidence of tight labor market

RBC logo

(Jan. 18, 2017) -- "Today’s report indicated wage pressure, while still modest, is becoming more widespread and is expected to continue to pick up next year amid tight labor market conditions," said Nye. "There is ample evidence of labor market tightness in the hard data." Read More »

Consumer prices rise 2.1 percent in a year

RBC logo

(Jan. 18, 2017) -- The rise in the year-over-year headline rate from 1.7 percent in November was largely a result of an acceleration in energy price growth although the annual increase in core prices also inched higher to 2.2 percent from 2.1 percent in November. Read More »

Bank of Canada sees business prospects improving

RBC logo

(Jan. 9, 2016) -- "However, this optimism could be tempered if signs emerge that increased trade protectionism is emerging from the Trump administration limiting Canadian exporters ability to benefit from the U.S. fiscal stimulus," said Ferley. Read More »

Growth in Canadian firms slowest in four years

RBC logo

(Jan 6, 2017) -- "Sluggish firm count growth is broad based with most industries seeing growth drop below their post-recession average," said Walsh. "Decline in mining, oil and gas firm counts is notable, with 9 percent of firms in the sector (nearly 1,000 in all) ceasing operations over the past year." Read More »

U.S., Canadian employment number jump in Dec.

RBC logo

(Jan. 6, 2017) -- "The increase in hiring has been sufficient to put downward pressure on the unemployment rate and upward pressure on wage growth. These trends are indicative of overall economic activity being sustained at an above-average, or above-potential, rate," said Ferley. Read More »

U.S., Canadian employment numbers rise

RBC logo

(Dec. 2, 2016) -- November payroll employment increased by 178,000, up considerably from the 142,000 gain in October. In Canada, employers increased employment by 11,000 jobs in November, despite estimates of a drop in new jobs. Read More »

Canadian GDP rises 3.5 percent

RBC logo

(Nov. 30, 2016) -- "The issue going forward is what growth rate will the economy stabilize at once the temporary boost from the recovery of this lost oil production passes," said Janzen. Read More »

Energy price bump fuels Canadian inflation rate

RBC logo

(Nov. 18, 2016) -- "Our forecast is that the economy will grow at an above-potential pace throughout 2017 chiseling away at spare capacity, underpinning inflation expectations at 2 percent and preventing a downshift in underlying price pressures," said Desjardins. Read More »

U.S. retail sales jump 0.8% in October

RBC logo

(Nov. 15, 2016) -- Retail sales in the United States posted another solid increase in October with a 0.8 percent gain built on an upwardly revised 1.0 percent increase in September, RBC Economics reported. Read More »

U.S. employment jumps 161,000

RBC logo

(Nov. 4, 2016) -- However, CNS News reported that 94.6 million adults are still out of the labor force, the second highest number on record. It forced the participation rate down to 62.8 percent. Read More »

Fed leaves rates as is until after election

RBC logo

(Nov. 3, 2016) -- "With the economy picking up pace and labor market conditions continuing to tighten, the underpinnings of the Fed meeting its longer term objective of 2 percent inflation appear to be strengthening," said Desjardins. Read More »