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Canada and US Manufacturing Survey: April and June 2016
Manufacturing sales in Canada rose 1 per cent to $50.4 billion in April, following two consecutive monthly declines, according to Statistics Canada Wednesday. As well, regional Fed surveys and the ISM manufacturing index were released in the US this week. Canada, US Manufacturing: April and June 2016 Canada’s manufacturing sales increased in 10 of 21 industries,…
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Chicago Fed National Activity Index: April 2016
Led by improvements in production-related indicators, the Chicago Fed National Activity Index, released Thursday, rose to +0.10 in April from –0.55 in March. This index is a weighted average of 85 indicators of national economic activity drawn from four broad categories of data. Led improvements in production-related indicators, the Chicago Fed National Activity Index (CFNAI)…
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US Real Estate and Economic Update
The latest data of US real estate activity and general macroeconomic conditions are examined. US Private Investment and the Business Cycle Calculated Risk — Bill McBride “Discussions of the business cycle frequently focus on consumer spending (PCE: Personal consumption expenditures), but the key is to watch private domestic investment, especially residential investment. Even though private…
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US Leading Economic Index: December 2015
The index of US economic indicators decreased in December for the first time in three months, weighed by slowing factory orders and fewer building permits. The Conference Board’s measure of the economic outlook for the next three to six months fell 0.2 per cent in December after rising 0.5 per cent the month before, the…
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Canada and US Manufacturing Index: December 2015
The RBC Canadian Manufacturing Purchasing Managers’ Index (PMI), released Monday, fell to a seasonally adjusted 47.5 in December from 48.6 in November. This was the lowest level for the survey that goes back to 2010. In the US, the ISM manufacturing index indicated contraction in December, according to the Institute of Supply Management also Monday.…
