Canada’s gross domestic product in November rose by 0.6%, surpassing the pre-pandemic level by 0.2% thanks to growth across almost all sectors of the economy. … READ MORE >
Blog
Acceleration of wage increases raises caution flag for policymakers
The wage component of the index has now accelerated from a 2.5% rate of increase in the third quarter of 2020 to 4.2% a year later and, most recently, to 4.5% in the fourth quarter last year on an annualized basis. … READ MORE >
The hot housing streak endures: Spring 2022 outlook
Amid the ongoing pandemic, the real estate industry has shown significant opportunity and resilience. Check out RSM’s Real estate and construction industry outlook: Spring 2022 for trend … READ MORE >
The future of office requires sun, flexibility and creativity: Spring 2022 outlook
Class A offices in the Sun Belt are gaining in popularity, reflected by higher prices. Flexible offices are emerging amid an uptick in remote and hybrid work. Conversions to industrial and residential space will continue to absorb excess office capacity. Read about other sectors The arrival of the omicron variant … … READ MORE >
From distress to recovery, hospitality avoids worst-case scenarios: Spring 2022 outlook
As the pandemic appears to be moving into the endemic phase, corporate leaders are asking tough questions about business travel: When is it safe to get teams back on the road? Which planned in-person events can become virtual going forward? Does the growing focus on environmental, social and governance issues mean responsible corporations should reduce their travel footprints? Meanwhile, leisure customers weary of intermittent lockdowns and other pandemic restrictions have resumed vacation travel, helping to keep hotel occupancy at healthy levels. … READ MORE >
Real estate and construction industry outlook: Spring 2022
Amid the ongoing pandemic, the real estate industry has shown significant opportunity and resilience. Check out Real Estate and Construction Industry Outlook: Spring 2022 for details on the hospitality, commercial office and housing sectors. … READ MORE >
RSM US Manufacturing Outlook Index: Omicron’s dampening effect
The RSM US Manufacturing Outlook Index receded again in January, providing another indication of the direct effect of the omicron variant on the business community and a sign of the eventual moderation of the post-crisis surge in growth. … READ MORE >
U.S. jobs preview: Stick a giant omicron asterisk on the January report
The omicron variant has almost surely created significant distortions in the American workforce that will become evident when the jobs report for January is released on Friday. … READ MORE >
Monetary and fiscal policy in a changing economy: Reflation, and the risks that remain
The last in a series of articles regarding monetary and fiscal policy as the economy restarts within a changing framework of labor force choices, automation and pricing. … READ MORE >
This week in energy: Oil releases, Ukraine tensions, Canada investments
We take a look at the release of more oil from U.S. strategic reserves, the swing in natural gas prices amid tensions between Ukraine and Russia, and an anticipated spike in oil and gas investment in Canada. … READ MORE >