Economic Indicators

Economic Indicators

U.S. employers add 187,000 jobs in July, unemployment dips to 3.5%

Average hourly wages rose faster than expected and will likely worry the Fed

By The Associated Press |August 4, 2023

3 min read

Economic Indicators

Unemployment rate ticks up to 5.5% in July as job creation lags population growth

Wage growth rebounded in July, rising 5% year over year

By Nojoud Al Mallees, The Canadian Press |August 4, 2023

2 min read

Economic Indicators

U.S. downgrade won’t hurt corporate ratings: Fitch

Economy, rate environment are the main risks to issuers' finances

By James Langton |August 3, 2023

2 min read

Economic Indicators

Inflation tumbles further in June: OECD

Core inflation recedes alongside falling energy prices

By James Langton |August 3, 2023

2 min read

Economic Indicators

Consumer and business insolvencies rising under weight of higher interest rates

There were 31,224 consumer insolvencies in the April to June period, up 23.5% compared with the same period last year

By The Canadian Press |August 3, 2023

1 min read

Economic Indicators

Weekly applications for U.S. jobless aid tick up from five-month low

The four-week moving average of claims, a less-volatile measure, fell by 5,500 applications to 228,250

By The Associated Press |August 3, 2023

2 min read

Economic Indicators

Toronto home sales and prices up from last July, down from June

Average cost of a detached home in the market rose 4.8% year over year to top $1.4 million

By Tara Deschamps, The Canadian Press |August 3, 2023

3 min read

Economic Indicators

Bank of England hints that U.K. borrowing rates will stay high after latest hike

Quarter-percentage point increase, to 5.25%, was the central bank's 14th hike in a row

By Pan Pylas, The Associated Press |August 3, 2023

3 min read

Economic Indicators

Fitch downgrades U.S. credit rating, citing mounting debt and political divisions

New rating, AA+, is still considered well into investment grade

By James Langton |August 2, 2023

2 min read

Economic Indicators

U.S., European earnings revisions tilt upward

Analyst sentiment turns rosier for S&P 500 companies, Refinitiv reports

By James Langton |August 2, 2023

1 min read

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