U.S. and Canadian Trade
Many Data Released But Market Attention Focused on U.S. Congress
December 5, 2017
Purchasing manager surveys are among a slew of economic statistics reported around the world today. A highly partisan U.S. Republican tax bill grinded further toward approval, and so did the Senate confirmation process of Jay Powell as the next Federal Reserve Chairman. There were two central bank meetings. The National Bank of Poland and Reserve […] More
Today’s North American Data
August 11, 2011
More evidence of a softening Western Hemisphere economy has surfaced. Trade flows contracted in June in both the United States and Canada. U.S. consumer confidence sank to a 3-month low last week, but the latest data on unemployment insurance claims were better than anticipated, providing a rare bright spot. Unlike U.S. housing prices, their Canadian […] More
U.S. and Canadian Trade: More Bad News
August 11, 2010
Good recessions are supposed to cleanse economies of structural impurities, so that faster, more sustainable long-term expansion is possible. A primary imbalance of the old regime involved huge balance of payments imbalances. Surpluses in China, Japan, and Germany were unsustainably larger as were the deficits of the United States, Spain and Greece. These patterns are […] More
