Economic Indicators

U.S. consumer prices climbed 2.9% in July

Most of July's increase in consumer prices came from higher housing costs

By Staff, with files from The Associated Press |August 10, 2018

2 min read

Unemployment rate drops to four-decade low in July

The July jobless rate was 5.8%, down from 6% the previous month

By Staff, with files from The Canadian Press |August 10, 2018

3 min read

U.S. on track for biggest annual deficit in 6 years

The federal government racked up a US$76.9 billion deficit in July

August 10, 2018

2 min read

Housing starts decline in July after busy June: CMHC

Canada Mortgage and Housing Corp. says there was a slowdown in housing construction starts in July, following a near-record high in the previous month. The federal Crown corporation says the seasonally adjusted annualized rate of housing starts dropped to 206,314 units in July, from 246,200 in June. Urban multiple-unit projects such as condos and apartments […]

By Staff, with files from The Canadian Press |August 9, 2018

1 min read