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- The U.S. economy climbed out of its pandemic-induced hole in the spring as vaccinations and federal aid fueled a surge in consumer spending at restaurants, resorts and retail stores.
www.nytimes.com/2021/07/29/business/2Q-GDP-Report.htmlU.S. Economy Grew 1.6% in Second Quarter - The New York Times
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.
Aug 31, 2021 · The GDP implicit price index, which reflects the overall price of domestically produced goods and services, rose 2.2% in the second quarter, driven by prices of construction materials and energy. This growth followed a 3.0% increase in the first quarter. Consequently, nominal GDP increased 1.9%.
Jul 29, 2021 · Key Points. GDP rose at a 6.5% annualized pace in the second quarter, according to the Commerce Department’s first estimate Thursday. That was well below the Dow Jones estimate of 8.4%. Initial...
Aug 3, 2021 · Strong backlog reflects significant orders received in Q2 2021 from data centre customers, continued robust order intake in construction, and £54 million of equipment orders related to HS2
Jul 1, 2021 · Volatility across equity markets fell to pre-pandemic levels. International stocks continue to lag the U.S. market, with China a drag on returns. After the Federal Reserve signaled it was on watch...
- Katherine Lynch
TORONTO, May 27, 2021 — Royal Bank of Canada (RY on TSX and NYSE) today reported net income of $4.0 billion for the quarter ended April 30, 2021, up $2.5 billion from the prior year. Diluted EPS was $2.76, up significantly over the same period.
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Q2/2021 U.S. earnings were up significantly YoY, largely due to lower PCL as the prior year reflected elevated provisions from the impact of the onset of the COVID-19 pandemic