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Canada and US Trade Data: 1Q 2015
Export Development Canada’s annual report, released Wednesday, shows Canadian exports rose 5.7 per cent in 2014 over 2013, with 7,400 companies and investors tying into EDC services. The agency’s customer base increased 3.7 per cent over the same period. Elsewhere, Canada’s merchandise trade deficit narrowed in February as prices for exported energy recovered from the…
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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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Canada and US International Trade: December 2014
Canada’s imports increased by 2.3 per cent in December and exports rose 1.5 per cent, according to Statistics Canada Thursday. As a result, Canada’s merchandise trade deficit with the world widened from $335 million in November to $649 million in December. Meanwhile, the US goods and services deficit was US$46.6 billion in December, up from…
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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…
