Economic Indicators

Why markets are worried about Turkey’s economy

Its economy is smaller than Florida's

By Stan Choe, The Associated Press |August 16, 2018

2 min read

Economic Indicators

British inflation rate rises to 2.5% in July

The inflation rate in Britain has picked up, keeping a squeeze on households facing the uncertainty of Brexit. Official figures released Wednesday show that consumer prices were up 2.5% annually in July, up from June’s 2.4% rate. That remains above the Bank of England’s target of 2% and helps justify the central bank decision earlier […]

By Staff, with files from The Associated Press |August 15, 2018

1 min read

Economic Indicators

National home sales tick higher in July, but housing hurdles remain

The effect of new stress tests introduced this year for mortgage applicants may be fading slightly as national home sales rose in July. Home sales were up 1.9% in July compared to June, the third consecutive monthly increase, according to Canadian Real Estate Association (CREA) statistics released Wednesday. “Led by the Greater Toronto Area (GTA), […]

By Staff |August 15, 2018

1 min read

Economic Indicators

U.S. productivity grew at strong 2.9% rate in Q2

U.S. productivity grew at an annual rate of 2.9% in the second quarter, the fastest pace in more than three years, while labour costs actually fell. The April-June increase in productivity followed a much weaker 0.3% rate of gain in the first quarter, the Labor Department reported Wednesday. It was the strongest advance since a […]

August 15, 2018

2 min read

U.S. retail sales rose at robust 0.5% annual rate in July

Americans shopped at a healthy pace in July, buying more cars, clothes and appliances, evidence that confident consumers are helping drive robust economic growth. Retail sales rose at a 0.5% annual rate in July, after a 0.2% increase the previous month, the Commerce Department said Wednesday. June’s increase, though, was revised lower from a previous […]

3 min read

Housing starts decline in July after busy June: CMHC

Canada Mortgage and Housing Corp. says there was a slowdown in housing construction starts in July, following a near-record high in the previous month. The federal Crown corporation says the seasonally adjusted annualized rate of housing starts dropped to 206,314 units in July, from 246,200 in June. Urban multiple-unit projects such as condos and apartments […]

1 min read

Economic Indicators

Why markets are worried about Turkey’s economy

British inflation rate rises to 2.5% in July

National home sales tick higher in July, but housing hurdles remain

U.S. productivity grew at strong 2.9% rate in Q2

U.S. retail sales rose at robust 0.5% annual rate in July

Why Turkey’s currency is plunging—and the global fallout

U.S. consumer prices climbed 2.9% in July

Unemployment rate drops to four-decade low in July

U.S. on track for biggest annual deficit in 6 years

Housing starts decline in July after busy June: CMHC