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- Economic growth was subdued or negative in most of the world’s largest economies in the third quarter (Q3), with notable exceptions being the United States (U.S.) and China, where growth remained strong. Due to weak economic conditions, world merchandise trade volumes decreased for the fourth consecutive quarter in Q3.
www.international.gc.ca/trade-commerce/assets/pdfs/economist-economiste/q3-2023-eng.pdf
Oct 31, 2024 · (Mark Blinch/Reuters) The Canadian economy was flat in August as high interest rates continued to weigh on consumers and businesses, while an early forecast suggests it grew at an annualized rate...
Oct 25, 2023 · Overview. Economic activity slowed toward mid-2023 as businesses and households continued to adjust to higher borrowing costs. Household spending moderated in the second quarter as outlays on consumer durables declined. Investment in housing continued to pull back as declines in new construction offset stronger activity in home resale markets.
Jun 24, 2024 · After a sluggish growth for the last several quarters, the Canadian economy is poised to see a moderate rebound as interest-rate cuts help fixed investment turn positive. We forecast the Canadian economy will grow below potential for much of 2024 before rebounding in 2025 and 2026.
Oct 31, 2024 · The Canadian economy was flat in August as high interest rates continued to weigh on consumers and businesses, while a preliminary estimate suggests it grew at an annualized rate of one per cent in the third quarter.
Nov 30, 2023 · The economic contraction in Q3 was sharper than most were expecting. StatCan itself had said in early estimates that real GDP likely dropped 0.1 per cent last quarter, while the consensus of...
Global economic growth in Q3 (+2.9% annualized) was mainly driven by the U.S. and China, with other top economies posting either muted growth or contracting. In the U.S., Q3 GDP growth (+5.2% annualized) was exceptionally strong, driven by consumer spending and inventory investment.
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Sep 6, 2023 · FCC Economics sees GDP growth rates between 0.6 to 1.1% over the next four quarters (Figure 2). Complicating the outlook in the second half of 2023 are events that have already occurred that will restrain growth, including wildfires in western Canada, flooding in Atlantic Canada, and the Port of Vancouver strike.
