Economic Indicators

U.S. retail sales up 0.4% in April, buoyed by job market and declining prices in some areas

Consumers face challenges in the second half of the year, including tighter credit and a weaker job market

By Anne D'innocenzio, The Associated Press |May 16, 2023

3 min read

Reduced bank deposits are both cause and effect of weaker lending activity, report says

Companies paying down debt also reduce their deposits and outstanding loans, according to CIBC

By James Langton |May 15, 2023

2 min read

Canadian home sales up 11.3% from March to April

The year-over-year sales decline was markedly smaller than the drops reported in recent months

By Staff, with files from The Canadian Press |May 15, 2023

3 min read

Europe’s economic outlook brightens a little after avoiding recession

Inflation and U.S. bank turmoil still pose challenges

By David Mchugh, The Associated Press |May 15, 2023

2 min read