Economic Indicators

February U.S. retail sales fall 3% after soaring the month before

Credit and debit card spending fell sharply after the storm in Texas

By Joseph Pisani, The Associated Press |March 16, 2021

2 min read

Economic Indicators

New challenge for the Powell Fed: A strengthening economy

A robust recovery later this year could accelerate inflation and send long-term rates surging

By Christopher Rugaber, The Associated Press |March 15, 2021

4 min read

Economic Indicators

CREA expects record home sales this year as market remains strong

The national average home price in February was a record $678,091

By Tara Deschamps, The Canadian Press |March 15, 2021

3 min read

Economic Indicators

Moody’s sees a quieter year for credit ratings

Despite slow economic recovery, credit conditions are stable, the agency says

By James Langton |March 12, 2021

1 min read

Economic Indicators

Economy added jobs in February, wiping out January losses

The economy lost almost 213,000 jobs in January, compared with 259,000 added last month

By Tara Deschamps, The Canadian Press |March 12, 2021

3 min read

Economic Indicators

Canadians’ mortgage debt increased for second quarter in a row

Household debt as a proportion of income rose in Q4 to 175% from 170.8% in the previous quarter

By The Canadian Press |March 12, 2021

2 min read

Economic Indicators

Ontario set to deliver budget on March 24

The budget will feature funding measures to "defeat" Covid-19 and ensure all residents are vaccinated

By Shawn Jeffords, The Canadian Press |March 11, 2021

3 min read

Economic Indicators

Quick uptick in consumer spending could speed up job market recovery: BoC deputy

Canadians accumulated an average of $5,800 in extra savings in the last year

By Jordan Press, The Canadian Press |March 11, 2021

3 min read

Economic Indicators

ECB ramps up bond-purchase stimulus

The stimulus is meant to help businesses still struggling with coronavirus restrictions

By David Mchugh, The Associated Press |March 11, 2021

3 min read

Economic Indicators

BoC holds key interest rate at 0.25%

Inflation likely won't hit its 2% target until 2023, the central bank said

By Jordan Press, The Canadian Press |March 10, 2021

3 min read

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