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Tag Archives: RBC

Downturn in U.S. manufacturing eases slightly

(Feb. 1, 2016) -- "The persistent downturn in manufacturing activity, while showing signs of abating, is occurring against a backdrop of sluggish global demand and has been further buffeted by the appreciation of the U.S. dollar," said Cooper. Read More »

U.S. GDP falls to 0.7% while Canada’s inches up 0.3%

(Jan. 29, 2016) -- The advance estimate of fourth-quarter gross domestic product (GDP) in the United States showed a 0.7 percent annualized increase, which was down from gains of 2.0 percent in the third quarter and 3.9 percent in the second quarter, RBC Economics reported. Read More »

Fed doesn’t raise interest rates at FOMC meeting

(Jan. 27, 2016) -- "Today’s statement acknowledged the weakening in economic activity in the fourth quarter of 2015, however, did not suggest that policymakers expect this slowing to persist in 2016, but rather anticipate that both economic growth and labor market conditions will improve," said Desjardins. Read More »

Initial unemployment claims rise again

(Jan. 21, 2016) -- The four-week moving average of initial claims, which attempts to smooth out some of the weekly volatility in the measure, jumped to a nine-month high of 285,000 from 278,500 in the previous week. Read More »

Unemployment claims rose unexpectedly last week

(Jan. 14, 2016) -- "Our forecast assumes job growth will slow to a moderate pace of around 150,000 in 2016, as limited slack in the labor market and unfavorable demographic trends make it difficult to sustain above-200,000 gains," said Nye. Read More »

Initial jobless claims fall last week

(Jan. 7, 2016) -- "The decline in the latest week’s initial claims partially retraced the previous week’s unexpected increase that likely reflected difficulty seasonally adjusting the data around the Christmas holiday," said Nye. Read More »

Fed raises interest rates 0.25 percent

(Dec. 17, 2015) -- Gross domestic product growth forecast ranges for 2016 and 2017, resulting in the median forecast rising to 2.4 percent next year (from 2.3 percent) and holding steady at 2.2 percent in 2017. Read More »

Jobless claims fall by 11,000 last week

(Dec. 17, 2015) -- Initial unemployment claims in the United States declined by 11,000 to 271,000 in the week ending Dec. 12, RBC Economics reported. That was slightly below market expectations for a 275,000 reading. Read More »

U.S. consumer prices hold steady in November

(Dec. 15, 2015) -- November consumer prices were unchanged in the month following a 0.2 percent increase in October, RBC Economics reported today, noting market expectations had anticipated prices holding steady in November. Read More »