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GrowthNow is a real-time forecast of Canadian real GDP growth, using the latest statistics on GDP by industry, retail sales, inventories, manufacturing sales, trade, commodity prices, employment, and consumer confidence.
In this monthly report, we analyze the latest economic trends and provide a real-time forecast of Canada’s real GDP growth.
Which sectors grew and had higher employment, and which contracted? How did household consumption, retail sales, and imports hold up in the face of Canadian consumers’ ongoing low confidence? We share our outlook for the Canadian economy in 2024Q2, including the national trade balance and future interest rate cuts.
Read the report to get our full analysis.
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