Economic indicators

Economic Indicators

Unemployment rate ticks up to 5.5% in July as job creation lags population growth

Wage growth rebounded in July, rising 5% year over year

By Nojoud Al Mallees, The Canadian Press |August 4, 2023

2 min read

Economic Indicators

Consumer and business insolvencies rising under weight of higher interest rates

There were 31,224 consumer insolvencies in the April to June period, up 23.5% compared with the same period last year

By The Canadian Press |August 3, 2023

1 min read

Economic Indicators

Fitch downgrades U.S. credit rating, citing mounting debt and political divisions

New rating, AA+, is still considered well into investment grade

By James Langton |August 2, 2023

2 min read

Economic Indicators

U.S., European earnings revisions tilt upward

Analyst sentiment turns rosier for S&P 500 companies, Refinitiv reports

By James Langton |August 2, 2023

1 min read

Market Insights

U.S. job openings fall to lowest level in 2 years as demand for workers cools

Data suggests the labour market is slowly normalizing from post-pandemic extremes

By Christopher Rugaber, The Associated Press |August 1, 2023

3 min read

Economic Indicators

U.S. economy accelerated to a 2.4% growth rate in Q2

A burst of business investment drove last quarter's surprising GDP figure

By Paul Wiseman, The Associated Press |July 27, 2023

4 min read

Economic Indicators

TD report presents “cautionary tale” of rapid increase in immigration

Boost to growth may be having unintended consequences on other parts of the economy and society

By James Langton |July 26, 2023

3 min read

Economic Indicators

U.S. consumer confidence jumps to a two-year high as inflation eases

The index fell from mid-2021 to mid-2022 as surging prices ate into household budgets

By Paul Wiseman, The Associated Press |July 25, 2023

2 min read

Economic Indicators

Can the Fed pull off a soft landing?

Economists have been downgrading their probabilities of a U.S. recession

By Christopher Rugaber, The Associated Press |July 24, 2023

5 min read

Economic Indicators

Statistics Canada says retail sales up 0.2% to $66 billion in May

Economists expect spending to slow in the second half

By Craig Wong, The Canadian Press |July 21, 2023

2 min read

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