Canada’s economy is slowing to the point that the Bank of Canada was comfortable making another interest-rate cut as it lowered its policy rate to 2.25 per cent. … READ MORE >
Industrials
Canada’s economy slowing as major free-trade renegotiation looms
Canada’s subdued economic activity and the drop in inflation despite ongoing tariffs imply that the Bank of Canada could cut interest rates again this year. … READ MORE >
Canada’s economy in sore need of an interest rate cut as job losses mount
Canada’s economy lost jobs in back-to-back months for the first time since 2021, pushing the odds of an interest rate cut this month significantly higher. … READ MORE >
Manufacturing sector contracts for sixth month in a row
After three years from 2022 to 2024 of significant increases in construction spending as a result of the Chips and Science Act, it has been downhill for new construction spending. … READ MORE >
Market Minute: Rising input prices curb appetite for capital expenditure investment
Manufacturers continue to expect higher input prices while holding mixed expectations regarding capital expenditure in the next six months. … READ MORE >
Market Minute: Europe’s de-industrial moment
As China continues to flood its external market with cheap goods, Germany finds itself to be a willing partner, trading its low value-added manufacturing sector for the disinflation of cheap goods. … READ MORE >
Wrong data at the right time: Mixed data complicates Fed’s decision
A lot is happening in the economy, but one trend has become clear: The economy is slowing but not enough to guarantee a rate cut. … READ MORE >
Market Minute: What trade policy whiplash could mean for inventories
Businesses experiencing trade policy whiplash are seeking to get as much as possible into U.S. ports before higher import taxes are enforced. … READ MORE >
Market Minute: Manufacturing stuck in slow growth despite increased shipments
While shipments of durable goods manufactured in the U.S. are increasing, it’s clear that manufacturing is stuck in a period of slow growth. … READ MORE >
Market Minute: Manufacturing sector to slow in second half
The Conference Board’s Leading Economic Index implies that the broader manufacturing sector will slow into the second half of the year. … READ MORE >