Modest growth of the US economy for the time being

Three indicators published today, June 23, show that the american economy growth is not vigorous actually and that it will continue like that in the coming months.

The Chicago Fed National Activity Index indicates that growth was below trend in May.

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

Markit Economics monthly survey of purchasing managers in the manufacturing industry shows that the activity improved lightly in June but remains subdued.

https://www.markiteconomics.com/Survey//PressRelease.mvc/c7420a52858b4686ae89aa398eafd8ba

The monthly and semestrial evolution of the Conference Board leading economic index point to modest growth in the coming months.

https://www.conference-board.org/data/bcicountry.cfm?cid=1

Slow growth in Québec, according to the Desjardins Leading Index

The Québec economy will continue to grow in the coming months, but at a weak pace; this is, at least, what we can read from the evolution of the DLI in the recent months.

The most recent data on the DLI were published June 14 on the Desjardins website.


https://www.desjardins.com/ressources/pdf/ipd0616e.pdf?resVer=1464875179000

World economy: its growth is still sluggish, according to PMI data

Symptoms of weak growth in the world economy keep showing in PMI data published June 3 on Markit Economics website.

https://www.markiteconomics.com/Survey//PressRelease.mvc/7dbf0ebff0284f2688cd91765242ce6e

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