Economic Indicators

Economic Indicators

Credit card debt rises as household borrowing slows

HELOC balances declined, mortgage growth slowed in September

By Staff |November 17, 2023

1 min read

Economic Indicators

TD forecasts U.S. recession, weaker growth for Canada in 2024

Rate cuts to start materializing by mid-year

By James Langton |November 16, 2023

3 min read

Economic Indicators

Annual pace of housing starts edged up in October: CMHC

Single-detached urban starts contributed to the increase

By The Canadian Press |November 16, 2023

1 min read

Economic Indicators

Home sales slow in October as buyers hibernate early

The national average home price rose 1.8% year-over-year to $656,625

By Sammy Hudes, The Canadian Press |November 15, 2023

3 min read

Economic Indicators

U.S. retail sales slip in October as consumers pull back

The figures reflect a slowdown in consumers' willingness to spend after a blowout summer

By Anne D'innocenzio and Christopher Rugaber, The Associated Press |November 15, 2023

3 min read

Economic Indicators

Wholesale sales surprise to upside

Auto sector leads gain in wholesale activity as inventories shrink

By Staff |November 15, 2023

1 min read

Economic Indicators

‘Hard truths’ about predictions heading into outlook season

Manulife's Frances Donald warns that the current environment has made forecasting very difficult

By Mark Burgess |November 14, 2023

4 min read

Economic Indicators

High rates slam the brakes on credit growth: Fitch

Across advanced economies, lending demand slowed sharply

By James Langton |November 14, 2023

1 min read

Economic Indicators

U.S. consumer inflation eased in October

Cheaper gas slowed overall price increases

By Christopher Rugaber, The Associated Press |November 14, 2023

3 min read

Economic Indicators

Credit card debt pressures intensifying: Fitch

Amid higher interest rates, rising debts, payment struggles surge

By James Langton |November 13, 2023

1 min read

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