Retail sales in the United States rose by 0.9% in April from a month earlier, the U.S. Census Bureau reported on Tuesday. … READ MORE >
auto sales
Canada’s retail sales increased by 1.6% in October but new virus threat looms
Retail sales climbed by 1.6% to $57.6 billion in October thanks to rebounding sales of motor vehicles and parts, but the data was captured before the stunning recent surge of the omicron variant. … READ MORE >
Canada manufacturing sales hit new high amid rising energy demand
Middle market businesses in manufacturing not experiencing supply chain issues will benefit from high demand, while others will see industrial product price increases. … READ MORE >
Lack of inventory dampening auto sales
Supply chain constraints inside the global auto ecosystem have dampened overall sales as producers struggle to keep up with demand until advanced microchip production ramps up. … READ MORE >
CHART OF THE DAY: U.S. durable goods orders accelerate on the back of strong auto demand
This uptick further bolsters the belief that manufacturing activity will help lead the U.S. economic recovery. … READ MORE >
CHART OF THE DAY: Auto inventory slump may be sign of upcoming sales strength
Auto sales have accelerated over the past three months, with July U.S. new vehicle sales hitting their highest point since mid-January according to data compiled by Ward’s Automotive Group. … READ MORE >