Thursday, July 23, 2015

United States economy: moderate growth in the coming months

The american economy should grow at a moderate pace until the end of this year, according to the recent evolution of the Conference Board Leading Economic Index for that country.

US real GDP grew at approximatively 2.5% (annual rate) during the second quarter and stagnated in the first (-0.2% annual rate).

Link to the Conference Board Internet page:
https://www.conference-board.org/data/bcicountry.cfm?cid=1

July 30 update:

US real GDP growth for the second quarter is estimated at 2.3% (annual rate) according to data released today by the Bureau of Economic Analysis. The first quarter was revised to 0.6% growth.

Tuesday, July 21, 2015

Quebec economic outlook: slight improvement, according to the DLI

The Desjardins Leading Index (DLI) increased by 0.3% in May, like in March, but it stagnated in April, according to the analysis published July 21 on  Desjardins' Internet page. The DLI evolution suggests a slight improvement for Quebec's economy in the coming months. Quebec real GDP by industry stagnated last February and contracted in March (-0,1%) and April (-0,4%), according to l'Institut de la statistique du Québec.

Link to the DLI analysis:
http://www.desjardins.com/ressources/pdf/ipd1507-e.pdf?resVer=1437502331000