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Tag Archives: RBC

Fourth quarter Canadian GDP rises just 0.8 percent

(March 3, 2016) -- "The marked slowing in GDP growth in the final quarter of 2015, although disappointing, is not expected to be sustained," said Ferley. "Much of the weakness in the fourth quarter reflected a marked drawdown in business inventories. Read More »

Unemployment claims increase again

(March 3, 2016) -- Initial unemployment claims in the United States rose by 6,000 to 278,000 in the week ending Feb. 27. However, the four week average is the lowest since the end of November. Read More »

4Q GDP revised up to 1 percent

(Feb. 26, 2016) -- "The slightly stronger fourth-quarter reading, nonetheless, continued to indicate a slowdown in growth following gains of 3.9 percent and 2.0 percent in the second and third quarters, respectively," said Nye. Read More »

U.S. inflation unchanged while Canada’s inches up

(Feb. 19, 2016) -- The headline consumer price index for the United States was unchanged on a monthly basis in January. Canada posted a 2.0 increase in consumer prices in January, which was a 14-month high. Canadian sales were down 2.2 percent in December. Read More »

Unemployment claims fall by 7,000 last week

(Feb. 18, 2016) -- "Our expectation continues to be that employment growth will slow this year relative to the second half of 2015’s rapid pace, given reduced labor market slack as the economy nears full employment," said Nye. Read More »

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 »