GrowthNow for April 2025

Name: GrowthNow for April 2025
SKU: P-01528-S8L3H8
Availability: InStock

Canadian Economics

August 6, 2025

Business and Household Indicators Canadian Economic Analysis

8 min read

Author: David Ristovski

$125.00

GrowthNow is a real-time forecast of Canadian real GDP growth, using the latest statistics on GDP by industry, retail sales, inventories, trade, consumer confidence, manufacturing sales, commodity prices, and employment.

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Subdued Growth Reflecting Challenges in the U.S. Market

Our GrowthNow model estimates that the Canadian economy will contract by 0.1 per cent (quarter-over-quarter) in the second quarter of 2025.

How much did GDP by industry edge down in April? Did output in any of the subsectors expand? What was occurring in retail sales? Manufacturing sales slipped 0.9 per cent in May, hitting a low not seen since January 2022: which categories contributed most to the decline? And which industries saw a rise in employment?

Read the online experience for a fuller analysis.