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US Leading Economic Index: January 2015
Suggesting a positive short-term outlook, the Conference Board released a report Thursday showing a modest increase by its index of leading US economic indicators in the month of January. The Conference Board said the leading economic index edged up by 0.2 per cent in January following a downwardly revised 0.4 per cent increase in December.…
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International Trade Relations, USA/Canada
As global economic conditions continue volatile, even unstable, Canada is in the midst of negotiating several trade agreements, and is also suffering some trade complications. For the past several years the governments of Europe, Asia, and the Americas have been embarking on multi- and bi-lateral trade deals, with varying levels of success. Chief among these…
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US ISM Manufacturing Index : Dec 2014
Economic activity in the US manufacturing sector expanded in December for the 19th consecutive month, and the overall economy grew for the 67th consecutive month, say the nation’s supply executives in the Manufacturing ISM Report On Business January 6. Manufacturing expanded in December as the PMI registered 55.5 percent, a decrease of 3.2 percentage points…
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Trade Deficit, US
Total July exports of US$198 billion and imports of US$238.6 billion resulted in a goods and services deficit of US$40.5 billion, down from US$40.8 billion in June, revised, the US Department of Commerce reported Tuesday. July exports were US$1.8 billion more than June exports of US$196.2 billion. July imports were US$1.6 billion more than June…
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US Treasury Budget Deficit
The Treasury May Monthly Treasury Statement released Wednesday reported a US$130 billion deficit in May 2014, down from US$138 billion in May 2013. For fiscal year 2014 through May, the deficit was US$436 billion, compared to US$626 billion for the same period in fiscal 2013. The Congressional Budget Office released their Updated Budget Projections: 2014…
