U.S. and Canadian GDP and budget deficits
Canadian and U.S. GDP and Some Thoughts on Government Deficits
April 30, 2012
Canadian real GDP in the three months to February exceeded GDP in the previous three months by 2.0% at a seasonally adjusted annualized rate. For service-producing activities, GDP went up 2.1% annualized, while the growth rate for goods-producing industries, and its subset of industrial production, was 1.9%. The U.S. Commerce Department reported last Friday first-quarter […] More
