Growth slowdown in the United States

The Chicago Fed National Activity Index and monthly leading indicators from the Conference Board and the OECD all show that the pace of growth in the United States is slowing down and that this trend will continue in the coming months.

CFNAI:
https://www.chicagofed.org/publications/cfnai/index

Conference Board:
https://www.conference-board.org/pdf_free/press/US%20LEI%20-%20Tech%20Notes%20Oct%2022%202015.pdf

OECD:
http://www.oecd.org/std/leading-indicators/CLI-Oct15.pdf

Quebec economy: modest to moderate growth in the coming months

The recent evolution of the Desjardins Leading Index (DLI) lets believe that Quebec economy expands now at a pace going from modest to moderate, and that it will follow a similar trend in the coming months. The most recent data and analysis on the DLI were published October 13.

Slower growth in the OECD area in the coming months

Monthly leading indicators published October 8 by the OECD point to slower growth in the coming months in that area, but the euro zone economic outlook should be stable.

Source: http://www.oecd.org/std/leading-indicators/CLI-Oct15.pdf

World economy: its growth is weaker than expected

Three reliable sources show that the world economy grows at a slower pace than what was expected a few months ago, and that this trend could continue in the coming months:

OECD September 8 news release on composite leading indicators:
http://www.oecd.org/std/leading-indicators/composite-leading-indicators-cli-oecd-september-2015.htm

IMF staff briefing note in preparation to the  September 4-5 G-20 meeting:
http://www.imf.org/external/np/g20/090415.htm

Markit Economics September 3 press release on the J.P. Morgan Global Manufacturing & Services PMI:
http://www.markiteconomics.com/Survey//PressRelease.mvc/8ae9460470fc42aa85ed4b394308f420

Scenario of slow growth for Canada

OECD leading indicators for Canada suggest again slow growth in economic activity in the coming months. The most recent data were published September 8.
 

 
 
 
 

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.

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