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Highlights. The pace of the global economic recovery remained relatively strong in Q2, growing at an annualized rate of 5.6% quarter-over-quarter. However, some global growth forecasts have been revised down for 2021 due to the continued spread of the Delta variant.
Highlights. World merchandise trade volume growth was subdued in Q2 (0.8%), and the global economy is estimated to have contracted slightly (-0.6%). The second quarter was marked by the continuation of Russia's invasion of Ukraine, and the lockdowns of major cities and factories in China.
The Canadian economy posted surprisingly strong GDP growth in Q3 (2.9%), driven by net trade and inventory accumulation. However, household spending (-1.0%) and final domestic demand (-0.6%) contracted, suggesting the economy is starting to cool.
Jul 28, 2022 · News Summary. Second-quarter GAAP revenue of $15.3 billion, down 22% year over year (YoY), and non-GAAP revenue of $15.3 billion, down 17% YoY. Intel’s Client Computing and Datacenter and AI Groups largely impacted by continued adverse market conditions; Network and Edge Group and Mobileye achieved record quarterly revenue.
Sep 8, 2022 · Canadian GDP growth for Q2 was healthy (Figure 1), led by higher commodity exports and strong consumer spending. Continued supply-chain disruptions and elevated job vacancies likely hindered some growth.
Aug 13, 2021 · This would follow the +49.9% earnings growth on +10.4% higher revenues in 2021 Q1. A big part of the unusually strong earnings growth expected in the Q2 earnings season is due to easy...
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Nov 29, 2022 · Real GDP grew at an annual rate of 2.9% q/q in the third quarter of 2022, roughly double Bank of Canada and consensus expectations of 1.5%, respectively. Household consumption shrunk in Q3 (-1.0%), the first decline since Q2 2021.
