-
Marc Desormeaux
Principal Economist
Weekly Commentary
Canadian Investment Data Paint a Troubling Picture
March 10, 2023
· Existing home sales are expected to have posted the steepest monthly gain in February since Canada’s housing market correction began.
· Canadian housing starts likely posted their third consecutive monthly decline in February.
· Canada: Manufacturing sales are forecast to have risen 3.3% in January.
· United States: Inflation likely slowed again despite strong monthly price gains.
· After January's spike, US retail sales are expected to come in lower in February.
· Look for the European Central Bank (ECB) to raise its key interest rates by 50 basis points.
PDF Publication
See the full publication in PDF.