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Weekly Commentary

Disappointing Economic Data in the United States and Canada

September 3, 2021
Nom du rédacteur
Jimmy Jean • Benoit P. Durocher • Francis Généreux • Lorenzo Tessier-Moreau • Hendrix Vachon

KEY STATISTICS OF THE WEEK :

  • United States: August’s job numbers are disappointing.
  • United States: August brought a slight rise in the manufacturing ISM, but the services ISM dropped.
  • United States: Motor vehicle sales fell further in August.
  • Canada: Real GDP saw a surprising decline in the second quarter.
  • Canada: The merchandise trade balance deteriorated in July.