Slow growth in Québec in the coming months, according to the DLI

The evolution of the Desjardins Leading Index (DLI) in the first quarter of this year lets believe that economic growth is actually weak  in Québec, and the outlook for the coming months is also of a slow growth. The DLI stabilised in February and March, after having dimished in January.

Link to the Desjardins analysis:
https://www.desjardins.com/ressources/pdf/ipd0516e.pdf?resVer=1454595388000

Downturn in the canadian construction industry in 2016

Recent data on three indicators point to a downturn in the canadian construction industry activity this year:

- Capital expenditures,

- Housing starts,

- Building permits value.

Capital expenditures (intentions for 2016), published by Statistics Canada May 10

 Housing starts, published by CMHC May 9

Building permits value, published May 5 by Statistics Canada

 

World economy: stable, but slow, growth, according to OECD leading indicators

The most recent OECD monthly leading indicators point to "stable growth", but at a low level in the coming months, notably in its member countries taken as a whole. The outlook is stabilising or improving somewhat in the main emerging economies.

OECD May 11 press release available at:
http://www.oecd.org/std/leading-indicators/compositeleadingindicatorsclioecdmay2016.htm

World economy: slow pace of expansion in April, according to PMI

The world economy kept expanding in April, but at a very slow pace, according to the JP Morgan Global Manufacturing & Services PMI published May 6 on Markit Economics website.

https://www.markiteconomics.com/Survey//PressRelease.mvc/f8c5a6a511ad4db8b82320e434c9799a