(July 17, 2018) — The rebound was driven largely by stronger shipments of machinery and equipment and chemical products.
RBC FInancial Group
(July 11, 2018) — Josh Nye said: “We remain comfortable with our call for official rates to rise another 25 basis points in the fourth quarter, with two further hikes expected in the first half of 2019.”
(Sept. 15, 2017) — Laura Cooper, RBC economist, stated, “Instead a decline in household net worth, albeit modest, alongside a sharp increase in consumer credit growth are notable as together they suggest that the ability of households to absorb higher interest rates continued to deteriorate.”
(Sept. 1, 2017) — The 156,000 increase in jobs in August was smaller-than-expected —and more-so when including 41k worth of downward revisions to the two prior monthly estimates, reported RBC Financial Group.