Tag: economic statistics
What Counts in GDP? Some Less-Intuitive Cases
A tour of some of the less-intuitive rules behind what counts towards GDP and what doesn’t.
Behind Stable July CPI—One Transitory Tariff Wave after Another
July's CPI looked calm overall at 3.4% YoY. But underneath core goods, one set of tariff effects is fading while a fresh wave is just starting to hit prices.
No World Cup effect in the US jobs market after all
The 2026 World Cup has been hailed as a successful event in the US, but according to data from the Bureau of Labor Statistics' establishment survey, the once-every-four-years international football tournament failed to bring jobs... But we did see it in Canada
Canada’s inflation rate slides to 1.8% amid a disinflationary base effect from last year’s sales tax holiday
Canada's inflation rate eased to 1.8% in February, the lowest since July last year. The deceleration in headline CPI year-over-year growth rate can mostly be explained by the base effect resulted from the GST/HST holiday last year.
Canada unemployment rate rises back to 6.7% in February amid 83,900 job losses
Canada Labor Market——February 2026 Unemployment Rate: 6.7%; Total Jobs MoM Change: -83,900; Full-Time Jobs MoM Change: -108,400; Part-Time Jobs MoM Change : 24,500
US goods trade deficit hits all-time high in 2025—What does it mean for Q4 GDP?
US trade deficit continues to widen in December after hitting recent year low in October. The total import was USD 70.3 billion higher than export in the last month of 2025, according to the US Census Bureau.
US Trade Deficit Stabilizes as Post-Tariff ‘Front-Loading’ Fades
US trade deficit rebounded to USD 56.8 billion in November after recording a USD 29.2 billion shortfall, the smallest monthly since 2009, in the previous month, the US Census Bureau reported Thursday.
Canada GDP rebound masks lackluster domestic demand
The Canadian economy saw a significant rebound in the third quarter. A 0.65% expansion in the quarter was more than enough to recover the downwardly revised 0.47% contraction in the previous second quarter.