Economic Indicators

U.S. retail sales up 1% in June, easing fears of a recession

Oxford Economics expects 0.5% Q2 growth, on annualized basis, in U.S. economy

By Anne D'innocenzio and Christopher Rugaber, The Associated Press |July 15, 2022

3 min read

June home sales down 24% from last year, 6% since May: CREA

Rising interest rates are a factor, but ‘the supply issue has not gone away’

By Tara Deschamps, The Canadian Press |July 15, 2022

2 min read

Tough months ahead for Canadians amid inflation, rate hikes

Experts weigh in on the economic environment

By Adena Ali, The Canadian Press |July 14, 2022

3 min read

BoC rate hike contributes to loonie falling to a 20-month low

Investors fear the Federal Reserve will mirror the full percentage point hike in two weeks

By Ross Marowits, The Canadian Press |July 14, 2022

2 min read